SEC Form 4 · accession 0001209191-17-062700

Burlington Stores, Inc. · BURL

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

Reporting owner

Fred Hand

Officer — Chief Customer Officer

Period of report

Nov 24, 2017

Accepted (ET)

Nov 28, 2017 · 4:35 pm EST

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	Nov 24, 2017	M	3,501	$4.55	A	71,810	D
Common Stock^F1	Nov 24, 2017	S	2,001	$102.43	D	69,809	D
Common Stock^F2	Nov 24, 2017	S	1,500	$103.17	D	68,309	D
Common Stock	Nov 27, 2017	M	499	$4.55	A	68,808	D
Common Stock	Nov 27, 2017	S	499	$102.32	D	68,309	D
Common Stock^F3	Nov 27, 2017	S	2,000	$102.1126	D	66,309	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)^F4	$4.55	Nov 24, 2017	M	3,501	D	—	Jun 17, 2023	Common Stock	3,501	44,499	D
Employee Stock Option (right to buy)^F4	$4.55	Nov 27, 2017	M	499	D	—	Jun 17, 2023	Common Stock	499	44,000	D

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.00 to $102.99, 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.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.00 to $103.39, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.67 to $102.57, 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.
F4The options are currently exercisable as to 60% of the shares, become exercisable as to an additional 20% of the shares on April 25, 2018, and become exercisable as to the remaining 20% of the shares on April 25, 2019.