Jennifer Vecchio - 01 May 2023 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Signature
/s/ Christopher Schaub, as attorney-in-fact for Jennifer Vecchio
Issuer symbol
BURL
Transactions as of
01 May 2023
Net transactions value
-$396,845
Form type
4
Filing time
03 May 2023, 18:01:12 UTC
Previous filing
21 Mar 2023
Next filing
09 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Award $0 +8,637 +16% $0.000000 63,810 01 May 2023 Direct F1
transaction BURL Common Stock Tax liability $97,597 -523 -0.82% $186.61 63,287 01 May 2023 Direct F2
transaction BURL Common Stock Tax liability $89,759 -481 -0.76% $186.61 62,806 01 May 2023 Direct F2
transaction BURL Common Stock Tax liability $152,037 -816 -1.3% $186.32 61,990 02 May 2023 Direct F2
transaction BURL Common Stock Tax liability $57,451 -311 -0.5% $184.73 61,679 03 May 2023 Direct F2
holding BURL Common Stock 186 01 May 2023 By reporting person as UTMA custodian for son
holding BURL Common Stock 186 01 May 2023 By reporting person as UTMA custodian for daughter

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 +23,234 $0.000000 23,234 01 May 2023 Common Stock 23,234 $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.