MICHAEL B. O SULLIVAN - 01 May 2023 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Role: Chief Executive Officer, Director
Signature: /s/ Christopher Schaub, as attorney-in-fact for Michael O'Sullivan
Issuer symbol: BURL
Transactions as of: 01 May 2023
Net transactions value: -$608,138
Form type: 4
Filing time: 03 May 2023, 18:00:03 UTC
Previous filing: 14 Mar 2023
Next filing: 20 Sep 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	Award	$0	+13,692	+17%	$0.000000	94,405	01 May 2023	Direct	F1
transaction	BURL	Common Stock	Tax liability	$242,033	-1,297	-1.4%	$186.61	93,108	01 May 2023	Direct	F2
transaction	BURL	Common Stock	Tax liability	$234,577	-1,259	-1.4%	$186.32	91,849	02 May 2023	Direct	F2
transaction	BURL	Common Stock	Tax liability	$131,528	-712	-0.78%	$184.73	91,137	03 May 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	+36,831		$0.000000	36,831	01 May 2023	Common Stock	36,831	$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.