Director Alison Loehnis receives 1,606 RSUs at lululemon (NASDAQ: LULU)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Loehnis Alison reported acquisition or exercise transactions in this Form 4 filing.
lululemon athletica inc. director Alison Loehnis reported an equity award of common stock. She received 1,606 restricted stock units, each representing one share of common stock, granted at no cash purchase price.
The restricted stock units vest 100% on the earlier of June 25, 2027, or the date of the company’s 2027 annual meeting of stockholders. Following this award, Loehnis directly holds 3,808 shares of lululemon common stock as reported in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Loehnis Alison
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,606 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,808 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,606 units
Transaction price per share: $0.00
Shares after transaction: 3,808 shares
+1 more
4 metrics
RSUs granted
1,606 units
Restricted stock units awarded to Alison Loehnis
Transaction price per share
$0.00
Grant price for restricted stock units
Shares after transaction
3,808 shares
Total common shares held directly after award
Vesting date trigger
June 25, 2027
RSUs vest 100% on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units, vests, annual meeting of stockholders
3 terms
restricted stock units financial
"The reporting person received restricted stock units. Each restricted stock unit represents the right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vests financial
"and vests as to 100% on the earlier of (a) June 25, 2027, or (b) the date of the Company's 2027 annual meeting"
annual meeting of stockholders financial
"the earlier of (a) June 25, 2027, or (b) the date of the Company's 2027 annual meeting of stockholders"
FAQ
What insider transaction did lululemon (LULU) disclose for Alison Loehnis?
lululemon disclosed that director Alison Loehnis received an equity award of 1,606 restricted stock units. Each unit represents one share of common stock, granted at no cash purchase price, as part of her reported holdings in the company.
How many restricted stock units did Alison Loehnis receive from lululemon (LULU)?
Alison Loehnis received 1,606 restricted stock units from lululemon. Each unit is the right to receive one share of common stock, subject to vesting conditions tied to a future date or the 2027 annual stockholders meeting.
When do Alison Loehnis’s lululemon (LULU) restricted stock units vest?
The restricted stock units vest 100% on the earlier of June 25, 2027, or the date of lululemon’s 2027 annual meeting of stockholders. Vesting must occur before the units convert into shares of common stock for the director.
Did Alison Loehnis pay a purchase price for the lululemon (LULU) restricted stock units?
The filing shows a transaction price per share of $0.00 for the 1,606 restricted stock units. This indicates the award was granted without a cash purchase price, typical for equity compensation granted to directors or executives.
What does each restricted stock unit in the lululemon (LULU) grant represent?
Each restricted stock unit in the grant to Alison Loehnis represents the right to receive one share of lululemon common stock. The units convert into actual shares only when the specified vesting condition, based on date or meeting, is satisfied.