SEC Form 4 · accession 0001572426-18-000080
lululemon athletica inc. · LULU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Calvin McDonald
Officer — Chief Executive Officer · Director
Period of report
Aug 20, 2018
Accepted (ET)
Aug 22, 2018 · 8:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397187
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 20, 2018 | A | 43,901 | A | — | — | Common Stock | 43,901 | 43,901 | D |
| Stock Option (Right to Buy)F3 | $136.67 | Aug 20, 2018 | A | 70,355 | A | — | Aug 20, 2025 | Common Stock | 70,355 | 70,355 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units may be settled in issuer common stock or in cash at the election of the reporting person.
- F2The restricted stock units vest as to 33% on August 20, 2019, 33% on August 20, 2020, and 34% on August 20, 2021, subject to the reporting person's continued employment or association with the issuer through such date.
- F3These options shall vest as to 25% on each of August 20, 2019, August 20, 2020, August 20, 2021 and August 20, 2022, subject to the reporting person's continued employment or association with the issuer through such date.