Tricia D. Smith - 10 Mar 2023 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Tricia D. Smith
Issuer symbol
URBN
Transactions as of
10 Mar 2023
Net transactions value
$0
Form type
4
Filing time
14 Apr 2023, 16:18:59 UTC
Previous filing
10 Mar 2022
Next filing
12 Jun 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction URBN Performance Based Restricted Stock Unit Award $0 +27,819 $0.000000 27,819 10 Mar 2023 Common Shares 27,819 Direct F1, F2
transaction URBN Restricted Stock Unit Award $0 +27,819 $0.000000 27,819 10 Mar 2023 Common Shares 27,819 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares.
F2 One-third of the total number of PSUs are eligible to vest on March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's operating profit margin for the fiscal years 2025, 2026 and 2027.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F4 One-third of the total number of RSUs are eligible to vest on March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date.