Kevin A. Plank - Jun 3, 2024 Form 4 Insider Report for Under Armour, Inc. (UA)

Role: President and CEO, Director, 10%+ Owner
Signature: /s/ Mehri F. Shadman, Attorney-in-Fact for Kevin A. Plank
Stock symbol: UA
Transactions as of: Jun 3, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/5/2024, 06:50 PM
Previous filing: May 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UA	Class C Common Stock	Award	$0	+2.12M	+735.09%	$0.00	2.41M	Jun 3, 2024	Direct	F1
holding	UA	Class C Common Stock						625K	Jun 3, 2024	KDP Holdings I LLC	F2
holding	UA	Class C Common Stock						11.3M	Jun 3, 2024	KDP Holdings III LLC
holding	UA	Class C Common Stock						3.11M	Jun 3, 2024	Plank Family Trust
holding	UA	Class C Common Stock						720K	Jun 3, 2024	KD Plank LLC
holding	UA	Class C Common Stock						1.05M	Jun 3, 2024	KD Plank #2 LLC
holding	UA	Class B Common Stock						24.3M	Jun 3, 2024	KDP Holdings I LLC
holding	UA	Class B Common Stock						5.25M	Jun 3, 2024	KDP Holdings II LLC
holding	UA	Class B Common Stock						3.14M	Jun 3, 2024	Plank Family Trust
holding	UA	Class B Common Stock						740K	Jun 3, 2024	KD Plank LLC
holding	UA	Class B Common Stock						1.06M	Jun 3, 2024	KD Plank #2 LLC
holding	UA	Class A Common Stock						182K	Jun 3, 2024	KDP Holdings I LLC

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 2,000,000 restricted stock units subject to both performance and time vesting conditions. The performance vesting condition requires, prior to March 31, 2028, the passing of 60 consecutive trading days on the New York Stock Exchange on which the average of the closing trading price of the Company's Class C Common Stock equals or exceeds $13.00. If the performance vesting condition is satisfied prior to March 31, 2028, the restricted stock units are subject to time vesting. If the performance vesting condition is not satisfied prior to March 31, 2028, the 2,000,000 restricted stock units will be forfeited.
F2	Includes 73,297 shares of Class C Common Stock previously held directly, which were transferred to KDP Holdings I LLC on May 22, 2024 and are now owned indirectly.

Content

Includes 2,000,000 restricted stock units subject to both performance and time vesting conditions. The performance vesting condition requires, prior to March 31, 2028, the passing of 60 consecutive trading days on the New York Stock Exchange on which the average of the closing trading price of the Company's Class C Common Stock equals or exceeds $13.00. If the performance vesting condition is satisfied prior to March 31, 2028, the restricted stock units are subject to time vesting. If the performance vesting condition is not satisfied prior to March 31, 2028, the 2,000,000 restricted stock units will be forfeited.

Includes 73,297 shares of Class C Common Stock previously held directly, which were transferred to KDP Holdings I LLC on May 22, 2024 and are now owned indirectly.