Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
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 __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
21 WATER STREET, SUITE 600		 3. Date of Earliest Transaction (Month/Day/Year)
01/28/2019
(Street)

VANCOUVER, A1 V6B 1A1		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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               3,852 D  
Common Stock 01/28/2019   S   87,977 D $ 150.2 (1) 4,937,884 I By LIPO Investments (USA) Inc.
Common Stock 01/28/2019   S   112,023 D $ 149.63 (2) 4,825,861 I By LIPO Investments (USA) Inc.
Common Stock 01/28/2019   C(3)   44,539 A (4) 44,539 I By Anamered Investments Inc.
Common Stock 01/28/2019   S   44,539 D $ 149.62 (5) 0 I By Anamered Investments Inc.
Common Stock 01/29/2019   C(3)   238,777 A (4) 238,777 I By Anamered Investments Inc.
Common Stock 01/29/2019   S   76,557 D $ 148.84 (6) 162,220 I By Anamered Investments Inc.
Common Stock 01/29/2019   S   162,220 D $ 149.25 (7) 0 I By Anamered Investments Inc.
Common Stock 01/30/2019   C(3)   1,379,000 A (4) 1,379,000 I By Anamered Investments Inc.
Common Stock 01/30/2019   S   1,379,000 D $ 145 0 I By Anamered Investments Inc.

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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
Exchangeable Shares of Lulu Canadian Holding, Inc. (4) 01/28/2019   C(3)     44,539   (8)   (9) Common Stock 44,539 $ 0 8,927,249 I By Anamered Investments Inc.
Exchangeable Shares of Lulu Canadian Holding, Inc. (4) 01/29/2019   C(3)     238,777   (8)   (9) Common Stock 238,777 $ 0 8,688,472 I By Anamered Investments Inc.
Exchangeable Shares of Lulu Canadian Holding, Inc. (4) 01/30/2019   C(3)     1,379,000   (8)   (9) Common Stock 1,379,000 $ 0 7,309,472 I By Anamered Investments Inc.
Exchangeable Shares of Lulu Canadian Holding, Inc. (4)               (8)   (9) Common Stock 268,984   268,984 I By Shannon Wilson
Exchangeable Shares of Lulu Canadian Holding, Inc. (4)               (8)   (9) Common Stock 91,760   91,760 I By Five Boys Investments ULC

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Wilson Dennis J.
21 WATER STREET, SUITE 600
VANCOUVER, A1 V6B 1A1		     X    

Signatures

 /s/ Dennis J. Wilson   01/30/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.71, 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.
(2) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $149.01 to $149.99, 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.
(3) Shares obtained on conversion of exchangeable shares of Lulu Canadian Holding, Inc. for shares of lululemon athletica inc. for no consideration, exempt under 16b-6b.
(4) 1 - 1 exchange ratio.
(5) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $149.47 to $149.82, 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 $148.50 to $148.99, 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) Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $149.00 to $149.79, 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.
(8) Immediately exchangeable for shares of lululemon common stock on a 1-to-1 ratio.
(9) No expiration date.

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