lululemon athletica inc. — Director's Dealing 2011

Sep 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: lululemon athletica inc. (lulu)
CIK: 0001397187
Period of Report: 2011-09-13

Reporting Person: Waterson Sheree (Chief Product Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-13	Stock Option (Right to Buy)	$57.25	A	3000	Acquired	2018-09-13	Common Stock (3000)	Direct

Footnotes

F1: This option shall vest as to 25% on each of September 13, 2012, September 13, 2013, September 13, 2014 and September 13, 2015.