SEC Form 4 · accession 0001209191-16-139311
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Katz
Officer — EVP & Chief Financial Officer
Period of report
Aug 29, 2016
Accepted (ET)
Aug 31, 2016 · 4:22 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 | Aug 29, 2016 | M | 10,000 | $4.55 | A | 102,465 | D | |
| Common Stock | Aug 29, 2016 | S | 10,000 | $81.00 | D | 92,465 | 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 | Aug 29, 2016 | M | 10,000 | D | — | Jun 20, 2023 | Common Stock | 10,000 | 78,000 | D |
Explanation of responses
- F1The options are currently exercisable as to 40% of the shares and become exercisable as to an additional 20% of the shares on July 23, 2017, as to an additional 20% of the shares on July 23, 2018 and as to the remaining 20% of the shares on July 23, 2019.