SEC Form 4 · accession 0000899243-18-003862
lululemon athletica inc. · LULU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis J. Wilson
10% Owner
Period of report
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397187
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 12, 2018 | S | 223,971 | $76.98 | D | 10,104,887 | I | By LIPO Investments (USA) Inc |
| Common StockF2 | Feb 12, 2018 | S | 498,163 | $77.69 | D | 9,606,724 | I | By LIPO Investments (USA) Inc |
| Common StockF3 | Feb 13, 2018 | S | 827,866 | $77.25 | D | 8,778,858 | I | By LIPO Investments (USA) Inc |
| Common Stock | Feb 14, 2018 | S | 1,200,000 | $75.92 | D | 7,578,858 | I | By LIPO Investments (USA) Inc |
| Common StockF6 | holding | — | — | — | 3,852 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Exchangeable Shares of Lulu Canadian Holding, Inc.F4,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 9,415,677 | 9,415,677 | D |
| Exchangeable Shares of Lulu Canadian Holding, Inc.F4,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 268,984 | 268,984 | I |
| Exchangeable Shares of Lulu Canadian Holding, Inc.F4,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 91,760 | 91,760 | I |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.80 to $77.33, inclusive. The reporting person undertakes to provide to lululemon athletica inc., any security holder of lululemon athletica inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.34 to $78.33, inclusive. The reporting person undertakes to provide to lululemon athletica inc., any security holder of lululemon athletica inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.95 to $77.57, inclusive. The reporting person undertakes to provide to lululemon athletica inc., any security holder of lululemon athletica inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
- F4Immediately exchangeable for shares of lululemon common stock on a 1-to-1 ratio.
- F5No expiration date.
- F6Reflects forfeiture of restricted stock award for 3,268 shares granted June 16, 2014 that was forfeited upon Mr. Wilson ceasing to be a director of lululemon athletica inc. as of February 2, 2015.