X0306 4 2019-08-21 0 0001397187 lululemon athletica inc. LULU 0001407029 Wilson Dennis J. 21 WATER STREET, SUITE 600 VANCOUVER A1 V6B 1A1 BRITISH COLUMBIA, CANADA 0 0 0 1 Director by deputization Common Stock 3852 D Common Stock 4825861 I By LIPO Invesments (USA) Inc. Common Stock 2019-08-21 4 C 0 82231 A 82231 I By Anamered Investments Inc. Common Stock 2019-08-21 4 S 0 19535 181.49 D 62696 I By Anamered Investments Inc. Common Stock 2019-08-21 4 S 0 51771 182.66 D 10925 I By Anamered Investments Inc. Common Stock 2019-08-21 4 S 0 10925 183.14 D 0 I By Anamered Investments Inc. Common Stock 2019-08-22 4 C 0 81830 A 81830 I By Anamered Investments Inc. Common Stock 2019-08-22 4 S 0 12497 181.57 D 69333 I By Anamered Investments Inc. Common Stock 2019-08-22 4 S 0 14700 182.54 D 54633 I By Anamered Investments Inc. Common Stock 2019-08-22 4 S 0 29708 183.69 D 24925 I By Anamered Investments Inc. Common Stock 2019-08-22 4 S 0 24925 184.28 D 0 I By Anamered Investments Inc. Exchangeable Shares of Lulu Canadian Holding, Inc. 2019-08-21 4 C 0 82231 0.00 D Common Stock 82231 6937885 I Common Stock Exchangeable Shares of Lulu Canadian Holding, Inc. 2019-08-22 4 C 0 81830 0.00 D Common Stock 81830 6856055 I By Anamered Investments Inc. Exchangeable Shares of Lulu Canadian Holding, Inc. Common Stock 268984 268984 I By Shannon Wilson Exchangeable Shares of Lulu Canadian Holding, Inc. Common Stock 91760 91760 I By Five Boys Investments ULC Shares obtained on conversion of exchangable share of Lulu Canadian Holding, Inc. for shares of lululemon athletica inc. for no consideration exempt under 16b-6b. 1 - 1 exchange ratio. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $181.00 to $181.99, 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. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $182.00 to $182.99, 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. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $183.00 to $183.41, 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. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $181.00 to $181.99, 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. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $182.00 to $182.98, 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. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $183.02 to $184.00, 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. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $184.02 to $185.00, 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. Immediatcly exchangeble for shares of lululemon common stock on a 1-to-1 ratio. No expiration date. /s/ Dennis J. Wilson 2019-08-23