Kristin Wolfe - Aug 1, 2022 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Signature
/s/ Christopher Schaub, as attorney-in-fact for Kristin Wolfe
Stock symbol
BURL
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/3/2022, 04:35 PM
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Award $0 +1.87K $0.00 1.87K Aug 1, 2022 Direct F1
transaction BURL Common Stock Award $0 +11.7K +623.88% $0.00 13.5K Aug 1, 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 +5.03K $0.00 5.03K Aug 1, 2022 Common Stock 5.03K $150.17 Direct F3
transaction BURL Employee Stock Option (right to buy) Award $0 +31.8K $0.00 31.8K Aug 1, 2022 Common Stock 31.8K $150.17 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 August 1, 2022, vesting one-quarter on each of the first four anniversaries of the grant date.
F2 Restricted stock units granted on August 1, 2022, vesting 28.5% on August 1, 2023, 28.5% on August 1, 2024 and 43% on August 1, 2025.
F3 Options granted on August 1, 2022 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.
F4 Options granted on August 1, 2022 that become exercisable as to 28.5% of the options on August 1, 2023, as to 28.5% of the options on August 1, 2024 and as to 43% of the options on August 1, 2025.