Mike Metheny - May 19, 2021 Form 3 Insider Report for Burlington Stores, Inc. (BURL)

Role
EVP Supply Chain & Asset Prot.
Signature
/s/ Christopher Schaub, as attorney-in-fact for Mike Metheny
Stock symbol
BURL
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
3
Date filed
5/28/2021, 04:11 PM
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BURL Common Stock 3.33K May 19, 2021 Direct F1

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
holding BURL Employee Stock Option (right to buy) May 19, 2021 Common Stock 22K $4.55 Direct F2
holding BURL Employee Stock Option (right to buy) May 19, 2021 Common Stock 3.12K $98.92 Direct F3
holding BURL Employee Stock Option (right to buy) May 19, 2021 Common Stock 5.53K $135.37 Direct F4
holding BURL Employee Stock Option (right to buy) May 19, 2021 Common Stock 3K $170.08 Direct F5
holding BURL Employee Stock Option (right to buy) May 19, 2021 Common Stock 3.11K $179.46 Direct F6
holding BURL Employee Stock Option (right to buy) May 19, 2021 Common Stock 1.76K $326.73 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (a) restricted stock awards for 347 shares, which fully vest on May 1, 2022, and (b) restricted stock units for (i) 565 shares, which vest in substantially equal installments on May 1 of each of 2022 and 2023, (ii) 822 shares, which vest in substantially equal installments on May 1 of each of 2022 through 2024, and (iii) 615 shares, which vest in substantially equal installments on May 3 of each of 2022 through 2025.
F2 Options granted on June 17, 2013 that are exercisable as to 50% of the shares and become exercisable as to the remaining 50% of the shares on May 23, 2022.
F3 Options granted on May 1, 2017 that are fully exercisable.
F4 Options granted on May 1, 2018 that are exercisable as to 50% of the shares and become exercisable as to the remaining 50% of the shares on the fourth anniversary of the grant date.
F5 Options granted on May 1, 2019 that are exercisable as to 50% of the shares and become exercisable as to an additional 25% of the shares on each of the third and fourth anniversaries of the grant date.
F6 Options granted on May 1, 2020 that are exercisable as to 25% of the shares and become exercisable as to an additional 25% of the shares on each of the second through the fourth anniversaries of the grant date.
F7 Options granted on May 3, 2021 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney