SEC Form 4 · accession 0001209191-18-019553

Burlington Stores, Inc. · BURL

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

Reporting owner

Marc Katz

Officer — Chief Financial Officer

Period of report

Mar 12, 2018

Accepted (ET)

Mar 14, 2018 · 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
Common Stock	Mar 12, 2018	M	9,579	$52.02	A	119,251	D
Common Stock	Mar 12, 2018	M	772	$54.58	A	120,023	D
Common Stock^F1	Mar 12, 2018	S	3,012	$125.44	D	117,011	D
Common Stock^F2	Mar 12, 2018	S	5,967	$127.75	D	111,044	D
Common Stock^F3	Mar 12, 2018	S	1,372	$128.62	D	109,672	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	$52.02	Mar 12, 2018	M	9,579	D	—	May 1, 2025	Common Stock	9,579	9,580	D
Employee Stock Option (right to buy)^F5	$54.58	Mar 12, 2018	M	772	D	—	Apr 8, 2026	Common Stock	772	18,318	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 $125.00 to $125.97, 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 $127.50 to $128.43, 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 $128.54 to $128.91, 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 50% of the shares and become exercisable as to an additional 25% of the shares on May 1, 2018 and as to the remaining 25% of the shares on May 1, 2019.
F5The options are currently exercisable as to 25% of the shares and become exercisable as to an additional 25% of the shares on April 8, 2018, as to an additional 25% of the shares on April 8, 2019, and as to the remaining 25% of the shares on April 8, 2020.