SEC Form 4 · accession 0001209191-17-029712
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Crimmins
Officer — Senior VP & Chief Acct Officer
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 4:56 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 | 2,586 | $0.00 | A | 16,960 | D | |
| Common StockF2 | May 1, 2017 | A | 5,000 | $0.00 | A | 21,960 | 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)F3 | $98.92 | May 1, 2017 | A | 5,947 | A | — | May 1, 2027 | Common Stock | 5,947 | 5,947 | 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.
- F2Restricted common stock granted on May 1, 2017, vesting 100% on May 1, 2021.
- F3The 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.