SEC Form 4 · accession 0001181431-15-005186

Burlington Stores, Inc. · BURL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President

Period of report

Mar 24, 2015

Accepted (ET)

Mar 26, 2015 · 3:52 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
Common Stock	Mar 24, 2015	M	3,721	$0.79	A	47,710	D
Common Stock	Mar 24, 2015	M	3,665	$3.17	A	51,375	D
Common Stock	Mar 24, 2015	M	7,334	$0.79	A	58,709	D
Common Stock^F1	Mar 24, 2015	S	14,720	$60.79	D	43,989	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F2	$0.79	Mar 24, 2015	M	3,721	D	—	Jun 9, 2021	Common Stock	33,056	29,335	D
Employee Stock Option (right to buy)^F3	$3.17	Mar 24, 2015	M	3,665	D	—	May 21, 2022	Common Stock	9,163	5,498	D
Employee Stock Option (right to buy)^F4	$0.79	Mar 24, 2015	M	7,334	D	—	May 21, 2022	Common Stock	18,337	11,003	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.765 to $60.84, inclusive. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2The 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.
F3The options are currently exercisable as to 40% of the shares and become exercisable as to an additional 20% of the shares on May 21, 2015, as to an additional 20% of the shares on May 21, 2016 and as to the remaining 20% of the shares on May 21, 2017.
F4The options are currently exercisable as to 40% of the shares and become exercisable as to an additional 20% of the shares on May 21, 2015, as to an additional 20% of the shares on May 21, 2016 and as to the remaining 20% of the shares on May 21, 2017.