SEC Form 4 · accession 0001181431-15-005026
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hobart Sichel
Officer — Executive Vice President
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 1:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579298
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 20, 2015 | M | 5,100 | $3.17 | A | 49,089 | D | |
| Common Stock | Mar 20, 2015 | S | 5,100 | $61.00 | D | 43,989 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $3.17 | Mar 20, 2015 | M | 5,100 | D | — | Jun 9, 2021 | Common Stock | 22,000 | 16,900 | D |
Explanation of responses
- F1The options are currently exercisable as to 60% of the shares and become exercisable as to an additional 20% of the shares on June 9, 2015 and as to the remaining 20% of the shares on June 9, 2016.