SEC Form 4 · accession 0001209191-16-113991
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mike Metheny
Officer — Executive Vice President
Period of report
Apr 8, 2016
Accepted (ET)
Apr 12, 2016 · 4:16 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 | Apr 8, 2016 | A | 1,064 | $0.00 | A | 2,686 | 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)F2 | $54.58 | Apr 8, 2016 | A | 7,341 | A | — | Apr 8, 2026 | Common Stock | 7,341 | 7,341 | D |
Explanation of responses
- F1Restricted common stock granted on April 8, 2016, vesting one-quarter on each of the first four anniversaries of the grant date.
- F2The options become exercisable as to 25% of the shares on April 8, 2017, as to an additional 25% of the shares on April 8, 2018, as to an additional 25% of the shares on April 8, 2019, and as to the remaining 25% of the shares on April 8, 2020.