John Crimmins - 02 May 2022 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Signature
/s/ Christopher Schaub, as attorney-in-fact for John Crimmins
Issuer symbol
BURL
Transactions as of
02 May 2022
Net transactions value
-$407,445
Form type
4
Filing time
04 May 2022, 16:13:04 UTC
Previous filing
23 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Tax liability $26,460 -125 -0.6% $211.68 20,634 02 May 2022 Direct F1
transaction BURL Common Stock Tax liability $20,321 -96 -0.47% $211.68 20,538 02 May 2022 Direct F2
transaction BURL Common Stock Tax liability $33,869 -160 -0.78% $211.68 20,378 02 May 2022 Direct F2
transaction BURL Common Stock Tax liability $309,688 -1,463 -7.2% $211.68 18,915 02 May 2022 Direct F2
transaction BURL Common Stock Award $0 +1,325 +7% $0.000000 20,240 02 May 2022 Direct F3
transaction BURL Common Stock Tax liability $17,107 -82 -0.41% $208.62 20,158 03 May 2022 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 +3,564 $0.000000 3,564 02 May 2022 Common Stock 3,564 $211.68 Direct F4
* 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 awards.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F3 Restricted stock units granted on May 2, 2022, vesting one-quarter on each of the first four anniversaries of the grant date.
F4 Options granted on May 2, 2022 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.