Under Armour, Inc. — Director's Dealing 2018

Feb 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Under Armour, Inc. (UA)
CIK: 0001336917
Period of Report: 2018-02-15

Reporting Person: COLTHARP DOUGLAS E (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-15	Class C Common Stock	M	8624	$4.32	Acquired	88204.7	Direct
2018-02-15	Class C Common Stock	F	2252	$16.54	Disposed	85952.7	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-15	Director Stock Option (Right to Buy)	$4.32	M	8624	Disposed	2018-05-05	Class C Common Stock (8624)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class C Common Stock	503	Indirect
Class C Common Stock	503	Indirect
Class C Common Stock	75532	Indirect

Footnotes

F1: This stock option was originally reported as an option to purchase 2,141 shares of Under Armour, Inc.'s Class A Common Stock at an exercise price of $35.03, and was later adjusted for two separate two-for-one stock splits completed in 2012 and 2014. As a result of the Class C Dividend, the option was further adjusted such that it now entitles the Reporting Person to exercise a portion of the option for 8,624 shares of Class C Common Stock, and the exercise price has been adjusted so that the portion of the option covering the Class A Common Stock now has an exercise price of $4.4094 and the portion of the option covering the Class C Common Stock has an exercise price of $4.32 per share.

F2: Represents shares withheld to cover the exercise price of the options exercised.