Sec Form 4 Filing - Day Christine McCormick @ lululemon athletica inc. - 2013-06-12

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 Day Christine McCormick 2. Issuer Name and Ticker or Trading Symbol lululemon athletica inc. [ LULU] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O LULULEMON ATHLETICA INC., 400 - 1818 CORNWALL AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 06/12/2013 (Street) VANCOUVER, A1V6J1C7 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 06/12/2013 M 20,834 A $ 16.155 81,401 D Common Stock 06/12/2013 S 20,834 D $ 63.9 60,567 D Common Stock 06/12/2013 M 20,000 A $ 33.5 80,567 D Common Stock 06/12/2013 S 20,000 D $ 64.15 60,567 D Common Stock 06/12/2013 M 6,250 A $ 37.78 66,817 D Common Stock 06/12/2013 S 6,250 D $ 63.95 60,567 D Common Stock 06/13/2013 M 41,668 A $ 11.87 102,235 D Common Stock 06/13/2013 S 41,668 D $ 65 60,567 D Common Stock 06/13/2013 M 41,668 A $ 4.09 102,235 D Common Stock 06/13/2013 S 41,668 D $ 65 60,567 D Common Stock 06/13/2013 M 50,000 A $ 4.14 110,567 D Common Stock 06/13/2013 S 50,000 D $ 65.25 60,567 D Common Stock 06/13/2013 M 50,000 A $ 4.14 110,567 D Common Stock 06/13/2013 S 50,000 D $ 65.5 60,567 D Common Stock 06/13/2013 M 50,000 A $ 4.14 110,567 D Common Stock 06/13/2013 S 50,000 D $ 66.25 60,567 D Common Stock 06/13/2013 M 45,000 A $ 11.75 105,567 D Common Stock 06/13/2013 S 45,000 D $ 65.15 60,567 D Common Stock 06/13/2013 M 7,500 A $ 20.61 68,067 D Common Stock 06/13/2013 S 7,500 D $ 64.95 60,567 D Common Stock 06/13/2013 M 5,000 A $ 21.325 65,567 D Common Stock 06/13/2013 S 5,000 D $ 64.85 60,567 D Common Stock 06/13/2013 M 21,666 A $ 33.5 82,233 D Common Stock 06/13/2013 S 21,666 D $ 64.85 60,567 D Common Stock 06/13/2013 M 3,125 A $ 57.25 63,692 D Common Stock 06/13/2013 S 3,125 D $ 64.85 60,567 D

45,000 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 Stock Option (Right to Buy) $ 16.155 06/12/2013 M 20,834 ( 1 ) 01/07/2020 Common Stock 208,834 $ 0 20,834 D Stock Option (Right to Buy) $ 33.5 06/12/2013 M 20,000 ( 2 ) 01/07/2018 Common Stock 20,000 $ 0 63,332 D Common Stock $ 37.78 06/12/2013 M 6,250 ( 3 ) 03/18/2018 Common Stock 6,250 $ 0 6,250 D Stock Option (Right to Buy) $ 11.87 06/13/2013 M 41,668 ( 4 ) 10/01/2018 Common Stock 41,668 $ 0 0 D Stock Option (Right to Buy) $ 4.09 06/13/2013 M 41,668 ( 5 ) 01/07/2019 Common Stock 41,668 $ 0 0 D Stock Option (Right to Buy) $ 4.14 06/13/2013 M 50,000 ( 6 ) 03/30/2016 Common Stock 50,000 $ 0 150,000 D Stock Option (Right to Buy) $ 4.14 06/13/2013 M 50,000 ( 6 ) 03/30/2016 Common Stock 50,000 $ 0 100,000 D Stock Option (Right to Buy) $ 4.14 06/13/2013 M 50,000 ( 6 ) 03/30/2016 Common Stock 50,000 $ 0 50,000 D Stock Option (Right to Buy) $ 4.14 06/13/2013 M 50,000 ( 6 ) 03/30/2016 Common Stock 50,000 $ 0 0 D Stock Option (Right to Buy) $ 11.75 06/13/2013 M ( 7 ) 09/14/2016 Common Stock 45,000 $ 0 25,000 D Stock Option (Right to Buy) $ 20.61 06/13/2013 M 7,500 ( 8 ) 03/29/2020 Common Stock 7,500 $ 0 2,500 D Stock Option (Right to Buy) $ 21.325 06/13/2013 M 5,000 ( 9 ) 09/13/2017 Common Stock 5,000 $ 0 0 D Stock Option (Right to Buy) $ 33.5 06/13/2013 M 21,666 ( 2 ) 01/07/2018 Common Stock 21,666 $ 0 41,666 D Stock Option (Right to Buy) $ 57.25 06/13/2013 M 3,125 ( 10 ) 09/13/2018 Common Stock 3,125 $ 0 9,375 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Day Christine McCormick C/O LULULEMON ATHLETICA INC. 400 - 1818 CORNWALL AVENUE VANCOUVER, A1V6J1C7 X Chief Executive Officer Signatures /s/ Christine Day by David Negus, Attorney-in-Fact 06/14/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These options vested as to 25% per year on each of January 7, 2011, January 7, 2012, January 7, 2013, and January 7, 2014. ( 2 )These options vested as to 25% per year on each of January 7, 2012, January 7, 2013, January 7, 2014, and January 7, 2015. ( 3 )These options vested as to 25% per year on each of March 18, 2012, March 18, 2013, March 18, 2014, and March 18, 2015. ( 4 )These options vested as to 25% per year on each of October 1, 2009, October 1, 2010, October 1, 2011, and October 1, 2012. ( 5 )These options vested as to 25% per year on each of January 7, 2010, January 7, 2011, January 7, 2012, and January 7, 2013. ( 6 )These options vested as to 25% per year on each of March 30, 2010, March 30, 2011, March 30, 2012, and March 30, 2013. ( 7 )These options vested as to 25% per year on each of September 14, 2010, September 14, 2011, September 14, 2012, and September 14, 2013. ( 8 )These options vested as to 25% per year on each of March 29, 2011, March 29, 2012, March 29, 2013, and March 29, 2014. ( 9 )These options vested as to 25% per year on each of September 13 ,2011, September 13, 2012, September 13, 2013, and September 13, 2014. ( 10 )These options vested as to 25% per year on each of September 13, 2012, September 13, 2013, September 13, 2014, and September 13, 2015.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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