lululemon athletica 8-K 2022-11-03

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

November 3, 2022

Date of Report (Date of earliest event reported)

lululemon athletica inc.

(Exact name of registrant as specified in its charter)

1818 Cornwall Avenue

Vancouver, British Columbia

Canada, V6J 1C7

(Address of principal executive offices, including Zip Code)

Registrant's telephone number, including area code: (604) 732-6124

Securities registered pursuant to Section 12(b) of the Act:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

On November 3, 2022, the board of directors of lululemon athletica inc. appointed Isabel Ge Mahe as a member of the board of directors. Ms. Ge Mahe has been the Vice President and Manager of Greater China at Apple Inc. since 2017. Prior to that role, she was the VP of wireless technologies at Apple. Prior to joining Apple, Ms. Ge Mahe was VP of wireless technologies for Palm Inc. Ms. Ge Mahe is on the board of directors of Starbucks. She received a Bachelor of Applied Science and a Masters of Engineering from Simon Fraser University and an MBA from the University of California, Berkeley.

The board of directors increased the size of the board from ten to eleven members and appointed Ms. Ge Mahe as a Class II director to fill the newly-created vacancy. Ms. Ge Mahe will receive compensation for her service as a director consistent with that of our other non-employee directors. A description of our standard compensation arrangements for non-employee directors is included in our proxy statement filed with the SEC on April 27, 2022. We expect Ms. Ge Mahe to enter into our standard form indemnification agreement for non-employee directors, the form of which is filed with the SEC as Exhibit 10.16 to our registration statement on Form S-1, dated July 9, 2007.

(d) Exhibits.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.