lululemon athletica inc. — Director's Dealing 2011

Aug 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: lululemon athletica inc. (lulu)
CIK: 0001397187
Period of Report: 2011-07-29

Reporting Person: Levy Jacques (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-29	Common Stock	A	1002	—	Acquired	1002	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-29	Stock Option (Right to Buy)	$60.54	A	809	Acquired	2018-07-29	Common Stock (809)	Direct

Footnotes

F1: The reporting person received a restricted stock award that will vest as to 100% on July 29, 2012.

F2: These options shall vest as to 100% on July 29, 2012.