SEC Form 4 · accession 0001209191-18-057562

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

Nov 5, 2018

Accepted (ET)

Nov 7, 2018 · 4:15 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 5, 2018	M	3,667	$4.55	A	107,757	D
Common Stock^F3	Nov 5, 2018	S	551	$170.34	D	107,206	D
Common Stock^F4	Nov 5, 2018	S	800	$171.49	D	106,406	D
Common Stock^F5	Nov 5, 2018	S	1,700	$172.77	D	104,706	D
Common Stock^F6	Nov 5, 2018	S	3,449	$173.51	D	101,257	D
Common Stock^F7	Nov 5, 2018	S	1,000	$174.34	D	100,257	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)^F8	$4.55	Nov 5, 2018	M	3,667	D	—	Jun 20, 2023	Common Stock	3,667	32,999	D

Explanation of responses

F1The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2018.
F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2018.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.82 to $170.74, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.06 to $172.02, 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.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.14 to $173.13, 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.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.15 to $174.14, 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.
F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.20 to $174.55, 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.
F8The options are currently exercisable as to 80% of the shares and become exercisable as to the remaining 20% of the shares on July 23, 2019.