Michael R. Allison - 02 May 2022 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Role
Chief Administrative Officer
Signature
/s/ Christopher Schaub, as attorney-in-fact for Michael Allison
Issuer symbol
BURL
Transactions as of
02 May 2022
Net transactions value
-$10,431
Form type
4
Filing time
04 May 2022, 16:25:51 UTC
Previous filing
28 May 2021
Next filing
03 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Award $0 +1,285 +200% $0.000000 1,926 02 May 2022 Direct F1
transaction BURL Common Stock Award $0 +3,780 +196% $0.000000 5,706 02 May 2022 Direct F2
transaction BURL Common Stock Tax liability $10,431 -50 -0.88% $208.62 5,656 03 May 2022 Direct F3

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 +3,455 $0.000000 3,455 02 May 2022 Common Stock 3,455 $211.68 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted on May 2, 2022, vesting one-quarter on each of the first four anniversaries of the grant date.
F2 Restricted stock units granted on May 2, 2022 that vest 100% on May 2, 2025.
F3 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
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.