MICHAEL B. O SULLIVAN - 01 May 2024 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Role
Chief Executive Officer, Director
Signature
/s/ Christopher Schaub, as attorney-in-fact for Michael O'Sullivan
Issuer symbol
BURL
Transactions as of
01 May 2024
Net transactions value
-$729,250
Form type
4
Filing time
03 May 2024, 16:15:32 UTC
Previous filing
25 Mar 2024
Next filing
07 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Award $0 +14,783 +15% $0.000000 112,498 01 May 2024 Direct F1
transaction BURL Common Stock Tax liability $230,892 -1,297 -1.2% $178.02 111,201 01 May 2024 Direct F2
transaction BURL Common Stock Tax liability $266,496 -1,497 -1.3% $178.02 109,704 01 May 2024 Direct F2
transaction BURL Common Stock Tax liability $231,862 -1,258 -1.1% $184.31 108,446 02 May 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BURL Employee Stock Option (right to buy) Award $0 +37,697 $0.000000 37,697 01 May 2024 Common Stock 37,697 $178.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted on May 1, 2024, vesting one-quarter on each of the first four anniversaries of the grant date.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F3 Options granted on May 1, 2024 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.