Under Armour, Inc. — Director's Dealing 2019

Apr 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Under Armour, Inc. (UA)
CIK: 0001336917
Period of Report: 2019-04-11

Reporting Person: SANDERS HARVEY (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-11	Class C Common Stock	M	12330	$3.02	Acquired	283576.6	Direct
2019-04-11	Class C Common Stock	F	1925	$19.34	Disposed	281651.6	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-11	Director Stock Option (Right to Buy)	$3.02	M	12330	Disposed	2019-05-04	Class C Common Stock (12330)	Direct

Footnotes

F1: This stock option was originally reported as an option to purchase 3,061 shares of Under Armour, Inc.'s Class A Common Stock at an exercise price of $24.50, 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 12,330 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 $3.0839 and the portion of the option covering the Class C Common Stock has an exercise price of $3.02 per share.

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