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 * MCDONALD CALVIN 2. Issuer Name and Ticker or Trading Symbol lululemon athletica inc. [ LULU ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Executive Officer
(Last)         (First)         (Middle)
C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)
3/31/2020
(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  3/31/2020    M    20490  A $0  29721  D   
Common Stock (1) 3/31/2020    F    10666  D $189.55  19055  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
Performance Share Units   (2) 3/31/2020    M        20490    (2) 3/31/2020  Common Stock  20490  $0  0  D   

Explanation of Responses:
(1)  Represents shares withheld for tax obligation in connection with settlement of performance share units.
(2)  Each performance share unit represents a contingent right to receive one share of the issuer's common stock. The performance share units were granted on August 20, 2018, with respect to the three-year period ending at the end of fiscal 2019. The issuer certified the achievement of the performance goals on March 26, 2020. The performance share units vested on March 31, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MCDONALD CALVIN
C/O LULULEMON ATHLETICA INC.
1818 CORNWALL AVENUE
VANCOUVER, A1 V6J 1C7
X
Chief Executive Officer

Signatures
/s/ Calvin McDonald by Alex Grieve, Attorney-in-Fact 4/2/2020
**Signature of Reporting Person Date
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