SEC Form 4 · accession 0001209191-15-071784
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred Hand
Officer — Executive Vice President
Period of report
Sep 18, 2015
Accepted (ET)
Sep 22, 2015 · 4:06 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 | Sep 18, 2015 | M | 1,058 | $4.55 | A | 81,167 | D | |
| Common Stock | Sep 18, 2015 | S | 1,058 | $55.30 | D | 80,109 | D | |
| Common Stock | Sep 21, 2015 | M | 1,800 | $4.55 | A | 81,909 | D | |
| Common Stock | Sep 21, 2015 | S | 1,800 | $54.50 | D | 80,109 | 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 | $4.55 | Sep 18, 2015 | M | 1,058 | D | — | Jun 17, 2023 | Common Stock | 1,058 | 108,942 | D |
| Employee Stock Option (right to buy)F1 | $4.55 | Sep 21, 2015 | M | 1,800 | D | — | Jun 17, 2023 | Common Stock | 1,800 | 107,142 | D |
Explanation of responses
- F1The options are currently exercisable as to 20% of the shares and become exercisable as to an additional 20% of the shares on April 25, 2016, as to an additional 20% of the shares on April 25, 2017, as to an additional 20% of the shares on April 25, 2018 and as to the remaining 20% of the shares on April 25, 2019.