Jeffrey Laub - Nov 28, 2022 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Role
SVP, Finance and CAO
Signature
/s/ Christopher Schaub, as attorney-in-fact for Jeffrey Laub
Stock symbol
BURL
Transactions as of
Nov 28, 2022
Transactions value $
-$220,098
Form type
4
Date filed
11/30/2022, 03:15 PM
Previous filing
Oct 27, 2022
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Options Exercise $36.1K +365 +9.68% $98.92 4.13K Nov 28, 2022 Direct
transaction BURL Common Stock Options Exercise $85.6K +632 +15.29% $135.37 4.77K Nov 28, 2022 Direct
transaction BURL Common Stock Options Exercise $132K +776 +16.28% $170.08 5.54K Nov 28, 2022 Direct
transaction BURL Common Stock Options Exercise $96.9K +540 +9.74% $179.46 6.08K Nov 28, 2022 Direct
transaction BURL Common Stock Sale -$452K -2.31K -38.03% $195.62 3.77K Nov 28, 2022 Direct
transaction BURL Common Stock Sale -$118K -604 -16.03% $195.66 3.17K Nov 28, 2022 Direct

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) Options Exercise $0 -365 -100% $0.00* 0 Nov 28, 2022 Common Stock 365 $98.92 Direct F1
transaction BURL Employee Stock Option (right to buy) Options Exercise $0 -632 -100% $0.00* 0 Nov 28, 2022 Common Stock 632 $135.37 Direct F1
transaction BURL Employee Stock Option (right to buy) Options Exercise $0 -776 -74.98% $0.00 259 Nov 28, 2022 Common Stock 776 $170.08 Direct F2
transaction BURL Employee Stock Option (right to buy) Options Exercise $0 -540 -49.95% $0.00 541 Nov 28, 2022 Common Stock 540 $179.46 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options are currently exercisable as to 100% of the shares.
F2 The options are currently exercisable as to 75% of the shares and become exercisable as to the remaining 25% of the shares on 05/01/2023.
F3 The options are currently exercisable as to 50% of the shares and become exercisable as to an additional 25% of the shares on May 1 of each of 2023 and 2024