false0001397187 0001397187 2020-07-07 2020-07-07

Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
July 7, 2020
Date of Report (Date of earliest event reported)
lululemon athletica inc.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
of incorporation)
File Number)
(IRS Employer
Identification No.)
1818 Cornwall Avenue
Vancouver, British Columbia
Canada, V6J 1C7
(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (604732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.005 per share
Nasdaq Global Select Market
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:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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.  


Item 2.01.
Completion of Acquisition or Disposition of Assets.
On July 7, 2020, we completed the acquisition of all of the outstanding shares of Curiouser Products Inc., dba MIRROR, for the previously reported purchase price of approximately $500.0 million in cash in accordance with the terms of the agreement and plan of merger, dated June 26, 2020. As described in our current report on Form 8-K filed on July 1, 2020, the purchase price was subject to working capital and other adjustments described in the agreement and $10.0 million of the purchase price will be held in escrow to satisfy certain indemnification obligations of MIRROR. Approximately $57 million of the purchase price payable to certain continuing employees is subject to the continued employment of those individuals through various vesting dates up to three years after the transaction closing date.
A copy of the transaction agreement was filed as Exhibit 2.1 to our current report on Form 8-K filed on July 1, 2020.
The foregoing description of the transaction and the transaction agreement does not purport to be complete and is qualified in its entirety by reference to the information provided under Item 1.01 of our current report on Form 8-K filed on July 1, 2020, and to the full text of the transaction agreement.

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.
lululemon athletica inc.
Dated: July 7, 2020
Calvin McDonald
Chief Executive Officer

Cover Page Cover Page
Jul. 07, 2020
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jul. 07, 2020
Entity Registrant Name lululemon athletica inc.
Entity Incorporation, State or Country Code DE
Entity File Number 001-33608
Entity Tax Identification Number 20-3842867
Entity Address, Address Line One 1818 Cornwall Avenue
Entity Address, City or Town Vancouver
Entity Address, State or Province BC
Entity Address, Country CA
Entity Address, Postal Zip Code V6J 1C7
City Area Code 604
Local Phone Number 732-6124
Title of 12(b) Security Common Stock, par value $0.005 per share
Trading Symbol LULU
Security Exchange Name NASDAQ
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001397187
Amendment Flag false