Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Holman Lee
 2. Date of Event Requiring Statement (Month/Day/Year)
10/21/2015		 3. Issuer Name and Ticker or Trading Symbol
lululemon athletica inc. [LULU]
(Last)
(First)
(Middle)
C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Creative Director
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

VANCOUVER, A1 V6J 1C7		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (1) 928
D
 
Common Stock (2) 1,003
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   (3) 12/15/2021 Common Stock 2,023 $ 53.87 D  
Stock Option (Right to Buy)   (4) 03/30/2022 Common Stock 2,186 $ 64.83 D  
Stock Option (Right to Buy)   (5) 09/14/2022 Common Stock 2,635 $ 53.79 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Holman Lee
C/O LULULEMON ATHLETICA INC.
1818 CORNWALL AVENUE
VANCOUVER, A1 V6J 1C7		       EVP, Creative Director  

Signatures

/s/ Lee Holman by Winston Cummins, Attorney-in-Fact 10/28/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) The reporting person received a restricted stock unit award which vests as to 33% on December 15, 2015, 33% on December 15, 2016, and 34% on December 15, 2017, subject to the reporting person's continued employment or association with the issuer through such date.
(2) The reporting person received a restricted stock unit award which vests as to 33% on March 30, 2016, 33% on March 30, 2017, and 34% on March 30, 2018, subject to the reporting person's continued employment or association with the issuer through such date.
(3) These options shall vest as to 25% on each of December 15, 2015, December 15, 2016, December 15, 2017, and December 15, 2018, subject to the reporting person's continued employment or association with the issuer through each such date.
(4) These options shall vest as to 25% on each of March 30, 2016, March 30, 2017, March 30, 2018, and March 30, 2019, subject to the reporting person's continued employment or association with the issuer through each such date.
(5) These options shall vest as to 25% on each of September 14, 2016, September 14, 2017, September 14, 2018, and September 14, 2019, subject to the reporting person's continued employment or association with the issuer through each such date.

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