R. Michael Allison - May 1, 2023 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Role: Chief Administrative Officer
Signature: /s/ Christopher Schaub, as attorney-in-fact for Michael Allison
Stock symbol: BURL
Transactions as of: May 1, 2023
Transactions value $: -$23,038
Form type: 4
Date filed: 5/3/2023, 05:47 PM
Previous filing: May 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BURL	Common Stock	Award	$0	+1.46K	+25.76%	$0.00	7.11K	May 1, 2023	Direct	F1
transaction	BURL	Common Stock	Tax liability	-$15.5K	-83	-1.17%	$186.32	7.03K	May 2, 2023	Direct	F2
transaction	BURL	Common Stock	Tax liability	-$7.57K	-41	-0.58%	$184.73	6.99K	May 3, 2023	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	+3.92K		$0.00	3.92K	May 1, 2023	Common Stock	3.92K	$186.61	Direct	F3

* 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 1, 2023, vesting one-quarter on each of the first four anniversaries of the grant date.
F2	Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F3	Options granted on May 1, 2023 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.