Michael O. Sullivan - May 2, 2022 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
Stock symbol
BURL
Transactions as of
May 2, 2022
Transactions value $
-$423,086
Form type
4
Date filed
5/4/2022, 04:09 PM
Previous filing
Mar 23, 2022
Next filing
Sep 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Tax liability -$275K -1.3K -1.68% $211.68 75.8K May 2, 2022 Direct F1
transaction BURL Common Stock Award $0 +11.5K +15.18% $0.00 87.4K May 2, 2022 Direct F2
transaction BURL Common Stock Tax liability -$149K -712 -0.82% $208.62 86.6K May 3, 2022 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
transaction BURL Employee Stock Option (right to buy) Award $0 +31K $0.00 31K May 2, 2022 Common Stock 31K $211.68 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F2 Restricted stock units granted on May 2, 2022, vesting one-quarter on each of the first four anniversaries of the grant date.
F3 Options granted on May 2, 2022 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.