Filing Details

Accession Number:
0001397187-11-000036
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-06 18:54:27
Reporting Period:
2011-07-01
Filing Date:
2011-07-06
Accepted Time:
2011-07-06 18:54:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1397187 Lululemon Athletica Inc. LULU Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300) 203842867
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1407029 J. Dennis Wilson 400 - 1818 Cornwall Avenue
Vancouver A1 V6J 1C7
Chief Innovation And Branding Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-07-01 200,000 $0.00 200,000 No 4 C Direct
Common Stock Disposition 2011-07-01 29,975 $111.65 170,025 No 4 S Direct
Common Stock Disposition 2011-07-01 18,925 $112.33 151,100 No 4 S Direct
Common Stock Disposition 2011-07-01 26,900 $113.05 124,200 No 4 S Direct
Common Stock Disposition 2011-07-01 24,200 $114.04 100,000 No 4 S Direct
Common Stock Disposition 2011-07-01 25,000 $115.00 75,000 No 4 S Direct
Common Stock Disposition 2011-07-05 25,000 $116.15 50,000 No 4 S Direct
Common Stock Disposition 2011-07-05 25,000 $117.00 25,000 No 4 S Direct
Common Stock Disposition 2011-07-05 25,000 $118.00 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Exchangeable Shares of Lulu Canadian Holding, Inc. Disposition 2011-07-01 200,000 $0.00 200,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,992,728 No 4 C Direct
Footnotes
  1. Shares obtained on conversion of exchangeable shares of Lulu Canadian Holding, Inc. for shares of lululemon athletica inc. for no consideration, exempt under 16b-6b
  2. Each of the issuer and Lulu Canadian Holding, Inc., a wholly-owned subsidiary of the issuer, conducted a 2-for-1 forward stock split that was legally effective on July 1, 2011. In accordance with applicable rules, all exchange and retraction requests for exchangeable shares made on or after July 1, 2011 and before July 7, 2011 are to be reflected on a post-stock split basis with respect to the number of exchangeable shares and on a pre-stock split basis with respect to the number of common shares of the issuer. As a result, the reporting person submitted a retraction request with respect to 400,000 exchangeable shares and received in return 200,000 shares of the issuer common stock.
  3. 1-1 exchange ratio. Please see footnote 2 for additional information regarding the implementation of the 2-for-1 forward stock split of the issuer and Lulu Canadian Holding, Inc.
  4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2010.
  5. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $111.16 to $111.96, 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.
  6. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $112.00 to $112.95, 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.
  7. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $113.00 to $113.83, 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.
  8. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $114.00 to $114.17, 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.
  9. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $115.00 to $115.01, 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.
  10. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $116.00 to $116.34, 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.
  11. Shares surrendered on conversion of exchangeable shares of Lulu Canadian Holding, Inc. for shares of lululemon athletica inc. for no consideration, exempt under Rule 16b-6b.
  12. Immediately exchangeable for shares of lululemon common stock on a 1-to-1 ratio. Please see footnote 2 for additional information regarding the implementation of the 2-for-1 forward stock split of the issuer and Lulu Canadian Holding, Inc.
  13. No expiration date.