X0306 4 2019-03-29 0 0001397187 lululemon athletica inc. LULU 0001631478 Haselden Stuart C/O LULULEMON ATHLETICA INC. 1818 CORNWALL AVE VANCOUVER A1 V6J1C7 BRITISH COLUMBIA, CANADA 0 1 0 0 Chief Operating Officer Common Stock 2019-03-29 4 M 0 3935 64.83 A 24685 D Common Stock 2019-03-29 4 M 0 4742 53.79 A 29427 D Common Stock 2019-03-29 4 M 0 22570 48.3 A 51997 D Common Stock 2019-03-29 4 M 0 1500 68.69 A 53497 D Common Stock 2019-03-29 4 M 0 3817 51.87 A 57314 D Common Stock 2019-03-29 4 M 0 2797 85.96 A 60111 D Common Stock 2019-03-29 4 S 0 39361 164.57 D 20750 D Common Stock 2019-03-29 4 S 0 9958 164.8 D 10792 D Stock Option (Right to Buy) 64.83 2019-03-29 4 M 0 3935 0 D 2022-03-30 Common Stock 3935 1311 D Stock Option (Right to Buy) 53.79 2019-03-29 4 M 0 4742 0 D 2022-09-14 Common Stock 4742 1581 D Stock Option (Right to Buy) 48.3 2019-03-29 4 M 0 22570 0 D 2022-10-26 Common Stock 22570 7523 D Stock Option (Right to Buy) 68.69 2019-03-29 4 M 0 1500 0 D 2023-04-01 Common Stock 1500 9888 D Stock Option (Right to Buy) 51.87 2019-03-29 4 M 0 3817 0 D 2024-03-31 Common Stock 3817 11451 D Stock Option (Right to Buy) 85.96 2019-03-29 4 M 0 2797 0 D 2025-03-28 Common Stock 2797 8389 D The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.31 to $165.01, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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 stated in footnotes (1) and (2) to this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.67 to $165.10, inclusive. These options vested as to 25% on each of March 30, 2016 , March 30, 2017, March 30, 2018, and March 30, 2019. These options vested as to 25% on each of September 14, 2016, September 14, 2017, and September 14, 2018. An additional 25% will vest on September 14, 2019, subject to the reporting person's continued employment or association with the issuer through each such date. These options vested as to 25% on each of October 26, 2016, October 26, 2017, and October 26, 2018. An additional 25% will vest on October 26, 2019, subject to the reporting person's continued employment or association with the issuer through each such date. These options vested as to 25% on each of April 1, 2017, April 1, 2018, and April 1, 2019. An additional 25% will vest on April 1, 2020, subject to the reporting person's continued employment or association with the issuer through each such date. These options vested as to 25% on each of March 31, 2018 and March 31, 2019. An additional 25% will vest on each of March 31, 2020 and March 31, 2021, subject to the reporting person's continued employment or association with the issuer through each such date. These options vested as to 25% on March 28, 2019. An additional 25% will vest on each of March 28, 2020, March 28, 2021, and March 28, 2022, subject to the reporting person's continued employment or association with the issuer through each such date. /s/ Stuart Haselden by Erin Nicholas, Attorney-in-Fact 2019-04-02