Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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
OMB APPROVAL
OMB Number: 3235-0362
Expires: January 31, 2005
Estimated average burden hours per response... 1.0

1. Name and Address of Reporting Person *
BODZY GLEN A
2. Issuer Name and Ticker or Trading Symbol
URBAN OUTFITTERS INC [URBN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Secretary and General Counsel
(Last)
(First)
(Middle)

5000 SOUTH BROAD STREET
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
01/31/2008
(Street)


PHILADELPHIA, PA 19112
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common stock     (1)       4,000 D  
Common stock     (1)(2)       770 (2) I By Profit Sharing Fund Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

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 at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options - right to buy $ 3.37     (1)     05/18/2000(3) 05/18/2009 Common Stock
8,000 (3)
  8,000 (3)
D
 
Employee Stock Options - right to buy $ 1.08     (1)     08/31/2001(4) 08/31/2010 Common stock
48,000 (4)
  48,000 (4)
D
 
Employee Stock Options - right to buy $ 1.43     (1)     08/08/2002(5) 08/08/2011 Common stock
128,000 (5)
  128,000 (5)
D
 
Employee Stock Options - right to buy $ 5.91     (1)     09/05/2004(6) 09/05/2013 Common stock
160,000 (6)
  160,000 (6)
D
 
Employee Stock Options - right to buy $ 31.11     (1)     01/18/2006(7) 11/17/2015 Common Stock
80,000 (7)
  80,000 (7)
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BODZY GLEN A
5000 SOUTH BROAD STREET
PHILADELPHIA, PA 19112
      Secretary and General Counsel  

Signatures

/s/ Glen A. Bodzy 02/26/2008
**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) Report of fiscal year-end holdings only.
(2) This line item reports the balance of shares in the Profit Sharing Trust after covering certain administrative costs of the Trustee.
(3) Represents options remaining from original grant of 40,000 options which are pursuant to a five year, 20% per year vesting schedule commencing 05/18/2000.
(4) Represents options remaining from original grant of 80,000 options which vest pursuant to a five year, 20% per year vesting schedule commencing 08/31/2001.
(5) Represents options remaining from original grant of 160,000 options which vest pursuant to a five year, 20% per year vesting schedule commencing 08/08/2002.
(6) Pursuant to a four year, 25% vesting schedule commencing 9/5/2004.
(7) Options vested in their entirety on January 18, 2006. All common shares acquired upon exercise of these options are required to be held by the Reporting Person until 11/18/10.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.