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

Role
Group President and CMO
Signature
/s/ Christopher Schaub, as attorney-in-fact for Jennifer Vecchio
Stock symbol
BURL
Transactions as of
May 1, 2023
Transactions value $
-$396,845
Form type
4
Date filed
5/3/2023, 06:01 PM
Previous filing
Mar 21, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Award $0 +8.64K +15.65% $0.00 63.8K May 1, 2023 Direct F1
transaction BURL Common Stock Tax liability -$97.6K -523 -0.82% $186.61 63.3K May 1, 2023 Direct F2
transaction BURL Common Stock Tax liability -$89.8K -481 -0.76% $186.61 62.8K May 1, 2023 Direct F2
transaction BURL Common Stock Tax liability -$152K -816 -1.3% $186.32 62K May 2, 2023 Direct F2
transaction BURL Common Stock Tax liability -$57.5K -311 -0.5% $184.73 61.7K May 3, 2023 Direct F2
holding BURL Common Stock 186 May 1, 2023 By reporting person as UTMA custodian for son
holding BURL Common Stock 186 May 1, 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 +23.2K $0.00 23.2K May 1, 2023 Common Stock 23.2K $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.