Michael B. O Sullivan - 02 May 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
Issuer symbol: BURL
Transactions as of: 02 May 2022
Net transactions value: -$423,086
Form type: 4
Filing time: 04 May 2022, 16:09:58 UTC
Previous filing: 23 Mar 2022
Next filing: 20 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BURL	Common Stock	Tax liability	$274,549	-1,297	-1.7%	$211.68	75,846	02 May 2022	Direct	F1
transaction	BURL	Common Stock	Award	$0	+11,510	+15%	$0.000000	87,356	02 May 2022	Direct	F2
transaction	BURL	Common Stock	Tax liability	$148,537	-712	-0.82%	$208.62	86,644	03 May 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	+30,962		$0.000000	30,962	02 May 2022	Common Stock	30,962	$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.