SEC Form 4 · accession 0001209191-15-033135
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua Bekenstein
Director · 10% Owner
Period of report
Apr 7, 2015
Accepted (ET)
Apr 8, 2015 · 4:21 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 StockF1,F2,F3,F4,F5 | Apr 7, 2015 | S | 10,667,286 | $58.77 | D | 0 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Bain Capital Investors, LLC ("BCI") is the sole general partner of Bain Capital Partners IX, L.P. which is the sole general partner of Bain Capital Fund IX, L.P., which is the sole member Bain Capital Fund IX, LLC ("Fund IX"). On April 7, 2015, Fund IX sold 4,797,629 shares of Common Stock. Following such sale, Fund IX held zero shares of Common Stock.
- F2BCI is also the administrative member of Bain Capital Integral Investors, LLC ("Integral"). On April 7, 2015, Integral sold 5,718,682 shares of Common Stock. Following such sale, Integral held zero shares of Common Stock.
- F3BCI is also the administrative member of BCIP TCV, LLC ("BCIP TCV"). On April 7, 2015, BCIP TCV sold 148,020 shares of Common Stock. Following such sale, BCIP TCV held zero shares of Common Stock.
- F4BCI is also the managing partner of BCIP Associates-G ("BCIP G" and together with Fund IX, Integral and BCIP TCV, the "Bain Entities"). On April 7, 2015, BCIP G sold 2,955 shares of Common Stock. Following such sale, BCIP G held zero shares of Common Stock.
- F5The governance, investment strategy and decision-making process with respect to the investments held by the Bain Entities is directed by BCI's Global Private Equity Board ("GPEB"). Joshua Bekenstein is a member of GPEB and a Managing Director of BCI. By virtue of the relationships described in these footnotes, Mr. Bekenstein may be deemed to share voting and dispositive power with respect to the shares of Common Stock held by Bain Entities. Mr. Bekenstein disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.