FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Potdevin Laurent

(Last) (First) (Middle)
C/O LULULEMON ALTHLETICA INC.
400 - 1818 CORNWALL AVE

(Street)
VANCOUVER A1 A1 V6J 1C7

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2014
4. If Amendment, Date of 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
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
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 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: 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
Stock Option (Right to Buy) $ 44.20 09/15/2014   A   33,289     (1) 09/15/2021 Common Stock 33,289 $ 0 33,289 D  
Explanation of Responses:
1. These options shall vest as to 25% on each of September 15, 2015, September 15, 2016, September 15, 2017, and September 15, 2018, subject to the reporting person's continued employment or association with the issuer through each such date.
/s/ Laurent Potdevin, by Winston Cummins, Attorney-in-Fact 09/17/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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LIMITED POWER OF ATTORNEY
lululemon athletica inc.
                                LIMITED POWER OF ATTORNEY
                               FOR SECTION 16(a) REPORTING


     KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned hereby 
revokes any prior power of attorney regarding reporting requirements 
under Section 16(a) of the Securities Exchange Act of 1934, as 
amended (the "Exchange Act") with respect to equity securities of 
the Company, and hereby makes, constitutes and appoints John E. 
Currie and Winston Cummins, and each of them, as the undersigned's 
true and lawful attorney-in-fact (the "Attorney-in-Fact"), with 
full power of substitution and resubstitution, each with the power 
to act alone for the undersigned and in the undersigned's name, 
place and stead, in any and all capacities to:

     1.     Prepare, execute, deliver and file with the United 
States Securities and Exchange Commission, any national securities 
exchange and lululemon athletica inc. (the "Company") any and all 
reports (including any amendment thereto) of the undersigned 
required or considered advisable under Section 16(a) of the 
Exchange Act, and the rules and regulations thereunder, with 
respect to the equity securities of the Company, including 
Form 3 (Initial Statement of Beneficial Ownership of Securities),
Form 4 Statement of Changes in Beneficial Ownership), and 
Form 5 (Annual Statement of Changes in Beneficial Ownership); and

     2.     Seek or obtain, as the undersigned's representative 
and on the undersigned's behalf, information on transactions in 
the Company's equity securities from any third party, including 
the Company, brokers, dealers, employee benefit plan administrators 
and trustees, and the undersigned hereby authorizes any such third 
party to release any such information to the Attorney-in-Fact.

     The undersigned acknowledges that:

     1.     This Limited Power of Attorney authorizes, but does 
not require, the Attorney-in-Fact to act at his or her 
discretion on information provided to such Attorney-in-Fact 
without independent verification of such information;

     2.     Any documents prepared and/or executed by the 
Attorney-in-Fact on behalf of the undersigned pursuant to 
this Limited Power of Attorney will be in such form and will 
contain such information as the Attorney-in-Fact, in his or 
her discretion, deems necessary or desirable;

     3.     Neither the Company nor the Attorney-in-Fact 
assumes any liability for the undersigned's responsibility to 
comply with the requirements of Section 16 of the Exchange Act, 
any liability of the undersigned for any failure to comply with 
such requirements, or any liability of the undersigned for 
disgorgement of profits under Section 16(b) of the Exchange 
Act; and

     4.    This Limited Power of Attorney does not relieve the 
undersigned from responsibility for compliance with the 
undersigned's obligations under Section 16 of the Exchange 
Act, including, without, limitation, the reporting requirements 
under Section 16(a) of the Exchange Act.

     The undersigned hereby grants to the Attorney-in-Fact 
full power and authority to do and perform each and every 
act and thing requisite, necessary or convenient to be done 
in connection with the foregoing, as fully, to all intents 
and purposes, as the undersigned might or could do in person, 
hereby ratifying and confirming all that the Attorney-in-Fact, 
or his or her substitute or substitutes, shall lawfully do or 
cause to be done by authority of this Limited Power of Attorney.

     This Limited Power of Attorney shall remain in full force 
and effect until the undersigned is no longer required to file 
Forms 3, 4 or 5 with respect to the undersigned's holdings of 
and transactions in equity securities of the Company, and shall 
only be revoked upon the earliest of (i) revocation by the 
undersigned in a signed writing delivered to the Attorney-in-Fact 
or to the Secretary of the Company, (ii) termination of the 
undersigned's service as an employee or director (as applicable) 
of the Company, (iii) termination of the Attorney-in-Fact's 
service as an officer or other employee of the Company, or 
(iv) execution of a subsequent power of attorney by the 
undersigned which specifically provides for the revocation of 
any prior power of attorney regarding reporting requirements 
under Section 16(a) of the Exchange Act.

     This Limited Power of Attorney shall be governed and 
construed in accordance the laws of the State of Delaware 
without regard to the laws that might otherwise govern under 
applicable principles of conflicts of laws thereof.

	IN WITNESS WHEREOF, the undersigned has caused this 
Limited Power of Attorney to be executed as of September 17, 2014.


				/s/ Laurent Potdevin
                                    Laurent Potdevin