SEC Form 4 · accession 0001171000-15-000006
lululemon athletica inc. · LULU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Delaney Schweitzer
Officer — Executive VP Retail Operations
Period of report
Mar 24, 2015
Accepted (ET)
Mar 30, 2015 · 6:54 pm EDT
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 Stock | Mar 26, 2015 | M | 4,186 | $0.00 | A | 21,967 | D | |
| Common Stock | Mar 26, 2015 | F | 1,918 | $63.97 | D | 20,049 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF1 | — | Mar 26, 2015 | A | 4,186 | A | — | Mar 26, 2015 | Common Stock | 4,186 | 4,186 | D |
| Performance Share UnitsF1 | — | Mar 26, 2015 | M | 4,186 | D | — | Mar 26, 2015 | Common Stock | 4,186 | 0 | D |
Explanation of responses
- F1Each performance share unit represents a contingent right to receive one share of the issuer's common stock. The performance share units were granted in March 2012 with respect to the three-year period ending at the end of fiscal 2014. The issuer certified the achievement of the performance goals on March 24, 2015. The performance share units vested on March 26, 2015.