lululemon athletica inc. — Director's Dealing 2011

Feb 17, 2011

SEC Form 4/A — Form 4/A

Issuer: lululemon athletica inc. (lulu)
CIK: 0001397187
Period of Report: 2010-08-12

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
2010-08-12	Common Stock	S	2700	$38.11	Disposed	51900	Direct
2010-08-13	Common Stock	S	3700	$38.37	Disposed	48200	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 $38.10 to $38.25, 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.

F3: Represents a weighted-average price. These shares were sold in multiple transactions at pr ices ranging from $38.30 to $38.50, 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.

F4: This Form 4 is being filed to correct the amount of non-derivative securities directly owned by the reporting person following the transactions first reported on August 16, 2010. No new transaction is being reported.