SEC Form 4 · accession 0001209191-16-145934

Burlington Stores, Inc. · BURL

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

Reporting owner

Officer — Executive Vice President

Period of report

Oct 12, 2016

Accepted (ET)

Oct 14, 2016 · 4:33 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	Oct 12, 2016	M	501	$0.79	A	2,782	D
Common Stock	Oct 12, 2016	M	3,499	$4.55	A	6,281	D
Common Stock^F2	Oct 12, 2016	S	4,000	$78.4904	D	2,281	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)^F3	$0.79	Oct 12, 2016	M	501	D	—	May 22, 2022	Common Stock	501	7,333	D
Employee Stock Option (right to buy)^F4	$4.55	Oct 12, 2016	M	3,499	D	—	May 22, 2023	Common Stock	3,499	29,501	D

F1The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 24, 2016.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.07 to $78.99, 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 this footnote to this Form 4.
F3The options are currently exercisable as to 80% of the shares and become exercisable as to the remaining 20% of the shares on May 22, 2017.
F4The options are currently exercisable as to 60% of the shares and become exercisable as to an additional 20% of the shares on May 22, 2017 and as to the remaining 20% of the shares on May 22, 2018.