SEC Form 4 · accession 0001209191-17-029705
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Vecchio
Officer — Chief Merchandising Officer
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 4:47 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 | May 1, 2017 | A | 4,407 | $0.00 | A | 60,124 | 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 | $98.92 | May 1, 2017 | A | 30,409 | A | — | May 1, 2027 | Common Stock | 30,409 | 30,409 | D |
Explanation of responses
- F1Restricted common stock granted on May 1, 2017, 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 May 1, 2018, as to an additional 25% of the shares on May 1, 2019, as to an additional 25% of the shares on May 1, 2020, and as to the remaining 25% of the shares on May 1, 2021.