Under Armour, Inc. — Director's Dealing 2015

Feb 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Under Armour, Inc. (UA)
CIK: 0001336917
Period of Report: 2015-02-24

Reporting Person: Peake Adam (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-24	Class A Common Stock	M	20000	$3.4275	Acquired	95580.433	Direct
2015-02-24	Class A Common Stock	S	20000	$75.5669	Disposed	75580.433	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-24	Employee Stock Option (Right to Buy)	$3.4275	M	20000	Disposed	2019-03-10	Class A Common Stock (20000)	Direct

Footnotes

F1: In 2009, the reporting person was granted an option to purchase shares of Common Stock, with vesting based on the Company achieving a certain combined operating income for 2009 and 2010. The Company achieved this vesting condition. Following this, the award is exercisable in two equal annual installments beginning February 15, 2011.

F2: This transaction was executed in multiple trades at prices ranging from $75.4869 to $75.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.