RE: RE: RE: RE: RE: RE: RE: RE: US Consumer is comPeople probably know this but it wasn't mentioned on this board. Is Dennis Wilson leaving the company? Is he Retiring? Many questions...
Feb. 25, 2011
SEDAR Form 45-102F1
Notice of Intention to Distribute Securities under Section 2.8 of National Instrument 45-102: Resale of Securities
Reporting issuer
1. Name of reporting issuer: lululemon athletica inc.
Selling security holder
2. Your name: Dennis Wilson
3. The offices or positions you hold in the reporting issuer:
The selling security holder is a Director and Chief Innovation and Branding Officer of the issuer.
4. Are you selling securities as a lender, pledgee, mortgagee or other encumbrancer? No
5. Number and class of securities of the reporting issuer you beneficially own:
The selling security holder owns or exercises control, directly or indirectly, over an aggregate of: (a) 5,164,429 shares of common stock of the issuer; and (b) 17,438,608 exchangeable shares of Lulu Canadian Holdings Inc., each of which is exchangeable for one share of common stock of the issuer.
Distribution
6. Number and class of securities you propose to sell: Up to 1,450,000 shares of common stock.
7. Will you sell the securities privately or on an exchange or market? If on an exchange or market, provide the name. The shares will be sold through NASDAQ pursuant to an automatic sale program under Rule 10b 5-1 under the United States Securities Exchange Act of 1934, as amended. Pursuant to the plan, the selling security holder may sell up to 3,000,000 shares of common stock of the issuer between August 3, 2010 and August 3, 2012.