SEC Form 4 · accession 0001397187-15-000020
lululemon athletica inc. · LULU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Stemberg
Director
Period of report
Mar 30, 2015
Accepted (ET)
Apr 1, 2015 · 5:14 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 | Mar 30, 2015 | M | 5,310 | $6.915 | A | 8,578 | D | |
| Common StockF1,F2 | Mar 30, 2015 | S | 5,310 | $65.11 | D | 3,268 | D | |
| Common StockF3 | holding | — | — | — | 19,797 | I | Trust |
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)F1 | $6.915 | Mar 30, 2015 | M | 5,310 | D | — | Jun 15, 2016 | Common Stock | 5,310 | 0 | D |
Explanation of responses
- F1These options vested as to 25% per year on each of June 15, 2010, June 15, 2011, June 15, 2012 and June 15, 2013.
- F2Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $65.10 to $65.15, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3Represents shares held indirectly, 18,086 shares held through a GRAT and 1,711 through a revocable trust for which the reporting person is the beneficial holder.