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lululemon athletica inc. Director's Dealing 2010

Aug 11, 2010

30272_dirs_2010-08-11_ab3beefd-88b7-4c8c-8898-517e6ad28cf7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: lululemon athletica inc. (lulu)
CIK: 0001397187
Period of Report: 2010-08-09

Reporting Person: Wilson Dennis J. (Director, Chief Innovation and Branding, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-09 Common Stock S 25000 $40.04 Disposed 54600 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5164429 Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2010.

F2: Represents a weighted-average price. These shares were sold in multiple transactions at pr ices ranging from $40.00 to $40.30, 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.