Azeez Hayne - Apr 14, 2025 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Azeez Hayne
Stock symbol
URBN
Transactions as of
Apr 14, 2025
Transactions value $
-$504,725
Form type
4
Date filed
4/16/2025, 05:07 PM
Previous filing
Mar 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +11.7K 11.7K Apr 14, 2025 Direct F1
transaction URBN Common Shares Tax liability -$247K -5.12K -43.88% $48.17 6.55K Apr 14, 2025 Direct
transaction URBN Common Shares Options Exercise +11.7K +178.2% 18.2K Apr 14, 2025 Direct F2
transaction URBN Common Shares Tax liability -$258K -5.36K -29.42% $48.17 12.9K Apr 14, 2025 Direct
holding URBN Common Shares 8.83K Apr 14, 2025 By Trust F3
holding URBN Common Shares 55.8K Apr 14, 2025 By Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction URBN Performance Based Restricted Stock Unit Options Exercise $0 -11.7K -100% $0.00 0 Apr 14, 2025 Common Shares 11.7K Direct F1, F5
transaction URBN Restricted Stock Unit Options Exercise $0 -11.7K -100% $0.00 0 Apr 14, 2025 Common Shares 11.7K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F3 These shares are held by a trust of which Mr. Hayne is a trustee.
F4 These shares are held by a trust of which Mr. Hayne is a partial residuary beneficiary.
F5 One-third of the total number of PSUs granted are eligible to vest on each of April 12, 2023, 2024 and 2025, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2022, 2023, 2024 and 2025.
F6 One-third of the total number of RSUs granted are eligible to vest on each of April 12, 2023, 2024 and 2025, contingent on the continued employment of the reporting person through such date.