SEC Form 4 · accession 0001209191-18-049793
Burlington Stores, Inc. · BURL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Crimmins
Officer — Executive VP of Finance
Period of report
Sep 4, 2018
Accepted (ET)
Sep 6, 2018 · 4:17 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 | Sep 4, 2018 | M | 2,200 | $4.55 | A | 23,101 | D | |
| Common Stock | Sep 4, 2018 | S | 2,200 | $173.55 | D | 20,901 | 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)F1 | $4.55 | Sep 4, 2018 | M | 2,200 | D | — | Jun 18, 2023 | Common Stock | 2,200 | 6,600 | D |
Explanation of responses
- F1The options are currently exercisable as to 40% of the shares and become exercisable as to an additional 20% of the shares on May 17, 2019, as to an additional 20% of the shares on May 17, 2020, and as to the remaining 20% of the shares on May 17, 2021.