X0306 4 2020-03-27 0001397187 lululemon athletica inc. LULU 0001740001 GUIDO PATRICK J C/O LULULEMON ATHLETICA INC. 1818 CORNWALL AVENUE VANCOUVER A1 V6J 1C7 BRITISH COLUMBIA, CANADA 0 1 0 0 Chief Financial Officer Common Stock 2020-03-27 4 A 0 794 188.84 A 3997 D Stock Option (Right to Buy) 188.84 2020-03-27 4 A 0 3932 0 A 2027-03-27 Common Stock 3932 3932 D Restricted stock units convert into common stock on a one-for-one basis. The reporting person received a restricted stock unit award which vests as to 33% on March 27, 2021, 33% on March 27, 2022, and 34% on March 27, 2023, subject to the reporting person's continued employment or association with the issuer through such date. These options shall vest as to 25% on each of March 27, 2021, March 27, 2022, March 27, 2023, and March 27, 2024, subject to the reporting person's continued employment or association with the issuer through each such date. /s/ Patrick J. Guido by Alex Grieve, Attorney-in-Fact 2020-03-31