SEC Form 4 · accession 0001209191-18-036044
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
Jun 4, 2018
Accepted (ET)
Jun 6, 2018 · 4:15 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 Stock | Jun 4, 2018 | M | 4,790 | $52.02 | A | 116,546 | D | |
| Common Stock | Jun 4, 2018 | M | 6,772 | $54.58 | A | 123,318 | D | |
| Common StockF1 | Jun 4, 2018 | S | 11,562 | $150.36 | D | 111,756 | 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 | $52.02 | Jun 4, 2018 | M | 4,790 | D | — | May 1, 2025 | Common Stock | 4,790 | 4,790 | D |
| Employee Stock Option (right to buy)F3 | $54.58 | Jun 4, 2018 | M | 6,772 | D | — | Apr 8, 2026 | Common Stock | 6,772 | 11,546 | 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 $150.03 to 150.78, 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 options are currently exercisable as to 75% of the shares and become exercisable as to the remaining 25% of the shares on May 1, 2019.
- F3The options are currently exercisable as to 50% of the shares, and become exercisable 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.