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 *

Wilson Dennis J.
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
_____ Officer (give title below)    __X__ Other (specify below)
Director by deputization
(Last)          (First)          (Middle)

21 WATER STREET, SUITE 600
3. Date of Earliest Transaction (MM/DD/YYYY)

4/20/2020
(Street)

VANCOUVER, A1 V6B 1A1
(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         3852 D  
Common Stock         4825861 I By LIPO Investments (USA) Inc. 
Common Stock 4/20/2020  C(1)  135836 A (2)135836 I By Anamered Investments Inc. 
Common Stock 4/20/2020  S  1965 D$224.35 (3)133871 I By Anamered Investments Inc. 
Common Stock 4/20/2020  S  30135 D$223.13 (4)103736 I By Anamered Investments Inc. 
Common Stock 4/20/2020  S  200 D$221.45 103536 I By Anamered Investments Inc. 
Common Stock 4/20/2020  S  12069 D$220.93 (5)91467 I By Anamered Investments Inc. 
Common Stock 4/20/2020  S  91467 D$220.02 (6)0 I By Anamered Investments Inc. 

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Exchangeable Shares of Lulu Canadian Holding, Inc.  (2)           (7) (8)Common Stock 268984  268984 I By Shannon Wilson 
Exchangeable Shares of Lulu Canadian Holding, Inc.  (2)           (7) (8)Common Stock 91760  91760 I By Five Boys Investments ULC 
Exchangeable Shares of Lulu Canadian Holding, Inc.  (2)4/20/2020  C (1)    135836   (7) (8)Common Stock 135836 $0.00 5121223 I By Anamered Investments Inc. 

Explanation of Responses:
(1) Shares obtained on conversion of exchangeable shares of Lulu Canadian Holding, Inc. for shares of lululemon athletica Inc. for no consideration exempt under Rule 166-6b.
(2) 1 - 1 exchange ratio.
(3) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $224.33 to $224.50, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
(4) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $223.00 to $223.80, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
(5) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $220.43 to $221.38, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
(6) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $219.38 to $220.355, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
(7) Immediately exchangable for shares of lululemon common stock on a 1-to-1 ratio.
(8) No expiration date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Wilson Dennis J.
21 WATER STREET, SUITE 600
VANCOUVER, A1 V6B 1A1



Director by deputization

Signatures
/s/ Dennis J. Wilson4/22/2020
**Signature of Reporting PersonDate

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