Jeffrey Laub - 28 Nov 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
Issuer symbol
BURL
Transactions as of
28 Nov 2022
Net transactions value
-$220,098
Form type
4
Filing time
30 Nov 2022, 15:15:12 UTC
Previous filing
27 Oct 2022
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 Options Exercise $36,106 +365 +9.7% $98.92 4,134 28 Nov 2022 Direct
transaction BURL Common Stock Options Exercise $85,554 +632 +15% $135.37 4,766 28 Nov 2022 Direct
transaction BURL Common Stock Options Exercise $131,982 +776 +16% $170.08 5,542 28 Nov 2022 Direct
transaction BURL Common Stock Options Exercise $96,908 +540 +9.7% $179.46 6,082 28 Nov 2022 Direct
transaction BURL Common Stock Sale $452,469 -2,313 -38% $195.62 3,769 28 Nov 2022 Direct
transaction BURL Common Stock Sale $118,179 -604 -16% $195.66 3,165 28 Nov 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% $0.000000* 0 28 Nov 2022 Common Stock 365 $98.92 Direct F1
transaction BURL Employee Stock Option (right to buy) Options Exercise $0 -632 -100% $0.000000* 0 28 Nov 2022 Common Stock 632 $135.37 Direct F1
transaction BURL Employee Stock Option (right to buy) Options Exercise $0 -776 -75% $0.000000 259 28 Nov 2022 Common Stock 776 $170.08 Direct F2
transaction BURL Employee Stock Option (right to buy) Options Exercise $0 -540 -50% $0.000000 541 28 Nov 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