URBAN OUTFITTERS INC — Director's Dealing 2017

May 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URBAN OUTFITTERS INC (URBN)
CIK: 0000912615
Period of Report: 2017-05-23

Reporting Person: BELAIR SCOTT A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-23	Director Stock Option - right to buy	$18.81	A	20000	Acquired	2024-05-22	Common Shares (20000)	Direct

Footnotes

F1: The option becomes fully exercisable on the earlier of May 23, 2018 or the date preceding the day of the 2018 annual meeting of the issuer's shareholders, provided that the reporting person is a director of the issuer through such date.