FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * NEUBURGER NICOLE 2. Issuer Name and Ticker or Trading Symbol lululemon athletica inc. [ LULU ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Brand Officer
(Last)         (First)         (Middle)
C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)
3/27/2020
(Street)
VANCOUVER, A1 V6J 1C7
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1) 3/27/2020    A    530  A $188.84  2635  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)  $188.84  3/27/2020    A     2622       (2) 3/27/2027  Common Stock  2622  $0  2622  D   

Explanation of Responses:
(1)  Restricted stock units convert into common stock on a one-for-one basis. The reporting person received a restricted stock unit award which vests as to 33% on March 27, 2021, 33% on March 27, 2022, and 34% on March 27, 2023, subject to the reporting person's continued employment or association with the issuer through such date.
(2)  These options shall vest as to 25% on each of March 27, 2021, March 27, 2022, March 27, 2023, and March 27, 2024, subject to the reporting person's continued employment or association with the issuer through each such date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
NEUBURGER NICOLE
C/O LULULEMON ATHLETICA INC.
1818 CORNWALL AVENUE
VANCOUVER, A1 V6J 1C7


Chief Brand Officer

Signatures
/s/ Nicole Neuburger by Alex Grieve, Attorney-in-Fact 3/31/2020
**Signature of Reporting Person Date
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