=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-09
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: lululemon athletica inc. (LULU)
CIK: 0001397187
--- Reporting Owner ---
Name: O'NEILL HEIDI
CIK: 0001585322
Role: Director, Officer (CEO)
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-09-09 | Code: A (Grant or award)
Shares: +28,079 | Price: $0.00
Shares Owned After: 28,079 | Ownership: D (Direct)
Footnotes:
[F1] Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units may be settled in issuer common stock or in cash at the election of the reporting person.
[F2] The restricted stock units vest as to 50% on each of September 9, 2027 and September 9, 2028, subject to the reporting person's continued employment or association with the issuer through such date.
[F2] The restricted stock units vest as to 50% on each of September 9, 2027 and September 9, 2028, subject to the reporting person's continued employment or association with the issuer through such date.
[Transaction #2]
Security: Stock Options (Right to Buy)
Date: 2026-09-09 | Code: A (Grant or award)
Shares: +40,223 | Price: $0.00
Exercise Price: $99.72
Exercisable: N/A | Expires: 2036-09-09
Shares Owned After: 40,223 | Ownership: D (Direct)
Footnotes:
[F3] These options vest as to 25% on each of September 9, 2027, September 9, 2028, September 9, 2029 and September 9, 2030, subject to the reporting person's continued employment or association with the issuer through each such date.
[Transaction #3]
Security: Stock Options (Right to Buy)
Date: 2026-09-09 | Code: A (Grant or award)
Shares: +105,295 | Price: $0.00
Exercise Price: $99.72
Exercisable: N/A | Expires: 2036-09-09
Shares Owned After: 105,295 | Ownership: D (Direct)
Footnotes:
[F4] These options vest as to 50% on each of September 9, 2027 and September 9, 2028, subject to the reporting person's continued employment or association with the issuer through each such date.
--- Footnotes (Complete Index) ---
F1: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units may be settled in issuer common stock or in cash at the election of the reporting person.
F2: The restricted stock units vest as to 50% on each of September 9, 2027 and September 9, 2028, subject to the reporting person's continued employment or association with the issuer through such date.
F3: These options vest as to 25% on each of September 9, 2027, September 9, 2028, September 9, 2029 and September 9, 2030, subject to the reporting person's continued employment or association with the issuer through each such date.
F4: These options vest as to 50% on each of September 9, 2027 and September 9, 2028, subject to the reporting person's continued employment or association with the issuer through each such date.
--- Signature ---
/s/ Heidi O'Neill by by Alex Grieve, Attorney-in-Fact (2026-09-11)
