Jeffrey Laub - 10 Nov 2021 Form 3 Insider Report for Burlington Stores, Inc. (BURL)

Role
SVP, Finance and CAO
Signature
/s/ Christopher Schaub, as attorney-in-fact for Jeffrey Laub
Issuer symbol
BURL
Transactions as of
10 Nov 2021
Net transactions value
$0
Form type
3
Filing time
22 Nov 2021, 15:15:37 UTC
Next filing
04 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BURL Common Stock 3,236 10 Nov 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) 10 Nov 2021 Common Stock 365 $98.92 Direct F2
holding BURL Employee Stock Option (right to buy) 10 Nov 2021 Common Stock 632 $135.37 Direct F3
holding BURL Employee Stock Option (right to buy) 10 Nov 2021 Common Stock 1,035 $170.08 Direct F4
holding BURL Employee Stock Option (right to buy) 10 Nov 2021 Common Stock 1,081 $179.46 Direct F5
holding BURL Employee Stock Option (right to buy) 10 Nov 2021 Common Stock 625 $326.73 Direct F6
holding BURL Employee Stock Option (right to buy) 10 Nov 2021 Common Stock 179 $276.99 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 119 shares, which fully vest on May 1, 2022, and (b) restricted stock units for (i) 196 shares, which vest in substantially equal installments on May 1 of each of 2022 and 2023, (ii) 286 shares, which vest in substantially equal installments on May 1 of each of 2022 through 2024, (iii) 219 shares, which vest in substantially equal installments on May 3 of each of 2022 through 2025, (iv) 919 shares, which fully vest on May 3, 2023, (v) 125 shares, which vest in substantially equal installments on October 25 of each of 2022 through 2025, and (vi) 1,045 shares, which fully vest on May 1, 2024.
F2 Options granted on May 1, 2017 that are fully exercisable.
F3 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.
F4 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.
F5 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.
F6 Options granted on May 3, 2021 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.
F7 Options granted on October 25, 2021 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.

Remarks:

Exhibit 24 Power of Attorney