Sheila B. Harrington - Feb 27, 2023 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Sheila B. Harrington
Stock symbol
URBN
Transactions as of
Feb 27, 2023
Transactions value $
-$279,693
Form type
4
Date filed
3/1/2023, 04:06 PM
Previous filing
Mar 16, 2023
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URBN Common Shares Options Exercise +16.7K +11.55% 161K Feb 27, 2023 Direct F1
transaction URBN Common Shares Tax liability -$140K -5.21K -3.24% $26.86 156K Feb 27, 2023 Direct
transaction URBN Common Shares Options Exercise +16.7K +10.7% 172K Feb 27, 2023 Direct F1
transaction URBN Common Shares Tax liability -$140K -5.2K -3.02% $26.86 167K Feb 27, 2023 Direct
holding URBN Common Shares 451 Feb 27, 2023 by Profit Sharing Fund (401(k) Plan)

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 Restricted Stock Unit Options Exercise $0 -16.7K -50% $0.00 16.7K Feb 27, 2023 Common Shares 16.7K Direct F1, F2
transaction URBN Restricted Stock Unit Options Exercise $0 -16.7K -100% $0.00* 0 Feb 27, 2023 Common Shares 16.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F2 One-third of the total number of RSUs are eligible to vest on each of February 25, 2022, 2023 and 2024, contingent on the continued employment of the reporting person through such date.
F3 One-third of the total number of RSUs are eligible to vest on each of February 26, 2021, 2022 and 2023, contingent on the continued employment of the reporting person through such date.