Sec Form 4 Filing - Wilson Dennis J. @ lululemon athletica inc. - 2018-02-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Wilson Dennis J.
2. Issuer Name and Ticker or Trading Symbol
lululemon athletica inc. [ LULU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
21 WATER STREET, SUITE 600
3. Date of Earliest Transaction (MM/DD/YY)
02/12/2018
(Street)
VANCOUVER, A1V6B 1A1
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3,852 ( 6 ) D
Common Stock 02/12/2018 S 223,971 D $ 76.98 ( 1 ) 10,104,887 I By LIPO Investments (USA) Inc
Common Stock 02/12/2018 S 498,163 D $ 77.69 ( 2 ) 9,606,724 I By LIPO Investments (USA) Inc
Common Stock 02/13/2018 S 827,866 D $ 77.25 ( 3 ) 8,778,858 I By LIPO Investments (USA) Inc
Common Stock 02/14/2018 S 1,200,000 D $ 75.92 7,578,858 I By LIPO Investments (USA) Inc
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Exchangeable Shares of Lulu Canadian Holding, Inc. $ 0 ( 4 ) ( 5 ) Common Stock 9,415,677 9,415,677 D
Exchangeable Shares of Lulu Canadian Holding, Inc. $ 0 ( 4 ) ( 5 ) Common Stock 268,984 268,984 I By Shannon Wilson
Exchangeable Shares of Lulu Canadian Holding, Inc. $ 0 ( 4 ) ( 5 ) Common Stock 91,760 91,760 I By Five Boys Investments ULC
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Wilson Dennis J.
21 WATER STREET, SUITE 600
VANCOUVER, A1V6B 1A1
X
Signatures
/s/ Dennis J. Wilson 02/14/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.80 to $77.33, inclusive. The reporting person undertakes to provide to lululemon athletica inc., any security holder of lululemon athletica inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.34 to $78.33, inclusive. The reporting person undertakes to provide to lululemon athletica inc., any security holder of lululemon athletica inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
( 3 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.95 to $77.57, inclusive. The reporting person undertakes to provide to lululemon athletica inc., any security holder of lululemon athletica inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
( 4 )Immediately exchangeable for shares of lululemon common stock on a 1-to-1 ratio.
( 5 )No expiration date.
( 6 )Reflects forfeiture of restricted stock award for 3,268 shares granted June 16, 2014 that was forfeited upon Mr. Wilson ceasing to be a director of lululemon athletica inc. as of February 2, 2015.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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