MAESTRINI ANDRE 4

4 · lululemon athletica inc. · Filed Apr 2, 2025

Form 4

Period: 2025-03-31

EVP, International

Transactions

Exercise/Conversion
Common Stock
2025-03-31+5,306→ 16,129 total
Award
Stock Option (right to buy)
2025-03-31+9,622→ 9,622 total
Exercise: $283.06Exp: 2032-03-31→ Common Stock (9,622 underlying)
Award
Common Stock
2025-03-31$283.06/sh+2,296$649,906→ 10,823 total
Tax Payment
Common Stock
2025-03-31$283.06/sh−387$109,544→ 15,742 total
Exercise/Conversion
Performance Share Units
2025-03-31−5,306→ 0 total
Exp: 2025-03-31→ Common Stock (5,306 underlying)
Tax Payment
Common Stock
2025-03-31$283.06/sh−2,494$705,952→ 13,248 total

Footnotes (5)

[F1]Restricted Stock units convert into common stock on a one-for-one basis. The reporting person received a restricted stock unit award which vests as to 33% on March 31, 2026, 33% on March 31, 2027 and 34% on March 31, 2028, subject to the reporting person's continued employment or association with the issuer through such date.
[F2]Represents shares withheld for tax obligations in connection with vesting of restricted stock units.
[F3]Represents shares withheld for tax obligations in connection with settlement of performance share units.
[F4]Each performance share unit represents a contingent right to receive one share of the issuer's common stock. The performance share units were granted on March 30, 2022 with respect to the three-year period ending at the end of fiscal 2024. The issuer certified the achievement of the performance goals on March 26, 2025. The performance share units vested on March 30, 2025.
[F5]These options shall vest as to 25% on each of March 31, 2026, March 31, 2027, March 31, 2028 and March 31, 2029, subject to the reporting person's continued employment or association with the issuer through each such date.

Documents

1 file