Tricia D. Smith - Mar 10, 2023 Form 4 Insider Report for URBAN OUTFITTERS INC (URBN)

Signature
/s/ Tricia D. Smith
Stock symbol
URBN
Transactions as of
Mar 10, 2023
Transactions value $
$0
Form type
4
Date filed
4/14/2023, 04:18 PM
Previous filing
Mar 10, 2022
Next filing
Jun 12, 2023

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 Award $0 +27.8K $0.00 27.8K Mar 10, 2023 Common Shares 27.8K Direct F1, F2
transaction URBN Restricted Stock Unit Award $0 +27.8K $0.00 27.8K Mar 10, 2023 Common Shares 27.8K Direct F3, F4
* 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 One-third of the total number of PSUs are eligible to vest on March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's operating profit margin for the fiscal years 2025, 2026 and 2027.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
F4 One-third of the total number of RSUs are eligible to vest on March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date.