Travis Marquette - May 1, 2023 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Signature
/s/ Christopher Schaub, as attorney-in-fact for Travis Marquette
Stock symbol
BURL
Transactions as of
May 1, 2023
Transactions value $
-$383,233
Form type
4
Date filed
5/3/2023, 05:49 PM
Previous filing
Oct 6, 2022
Next filing
Oct 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Award $0 +3.69K +26.92% $0.00 17.4K May 1, 2023 Direct F1
transaction BURL Common Stock Tax liability -$55.3K -297 -1.71% $186.32 17.1K May 2, 2023 Direct F2
transaction BURL Common Stock Tax liability -$328K -1.78K -10.38% $184.73 15.3K 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 +9.93K $0.00 9.93K May 1, 2023 Common Stock 9.93K $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.