SEC Form 4 · accession 0001171000-17-000003
lululemon athletica inc. · LULU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurent Potdevin
Officer — Chief Executive Officer · Director
Period of report
Jan 20, 2015
Accepted (ET)
Apr 3, 2017 · 9:13 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 StockF1,F2 | Jan 20, 2015 | F | 5,241 | $63.00 | D | 0 | D | |
| Common StockF1 | Jan 20, 2016 | F | 5,237 | $55.95 | D | 40,892 | D | |
| Common StockF3 | Mar 30, 2016 | F | 1,457 | $67.80 | D | 39,435 | D | |
| Common StockF1 | Jan 20, 2017 | F | 5,349 | $67.32 | D | 34,086 | D | |
| Common StockF3 | Mar 30, 2017 | F | 1,457 | $50.71 | D | 32,629 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $51.87 | Mar 31, 2017 | A | 119,745 | A | — | Mar 31, 2024 | Common Stock | 119,745 | 119,745 | D |
Explanation of responses
- F1Represents shares withheld for tax obligations in connection with the vesting of restricted stock awards.
- F2This disposition was already taken into account in prior filings by the reporting person.
- F3Represents shares withheld for tax obligations in connection with the vesting of restricted stock units.
- F4These options shall vest as to 25% on each of March 31, 2018, March 31, 2019, March 31, 2020, and March 31, 2021, subject to the reporting person's continued employment or association with the issuer through each such date.