Stephen Ferroni - 28 Apr 2024 Form 3 Insider Report for Burlington Stores, Inc. (BURL)

Role
SVP, Chief Accounting Officer
Signature
/s/ Christopher Schaub, as attorney-in-fact for Stephen Ferroni
Issuer symbol
BURL
Transactions as of
28 Apr 2024
Net transactions value
$0
Form type
3
Filing time
30 Apr 2024, 16:15:10 UTC
Next filing
03 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BURL Common Stock 2,881 28 Apr 2024 Direct F1

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
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 901 $54.58 Direct F2
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 1,123 $98.92 Direct F3
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 1,032 $135.37 Direct F4
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 839 $170.08 Direct F5
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 877 $179.46 Direct F6
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 496 $326.73 Direct F7
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 740 $211.68 Direct F8
holding BURL Employee Stock Option (right to buy) 28 Apr 2024 Common Stock 861 $186.61 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units for (i) 78 shares, which fully vest on May 1, 2024, (ii) 87 shares, which vest in substantially equal installments on May 3 of each of 2024 and 2025, (iii) 206 shares, which vest in substantially equal installments on May 2 of each of 2024 through 2026, (iv) 766 shares, which fully vest on May 3, 2024, and (v) 320 shares, which vest in equal installments on May 1 of each of 2024 through 2027.
F2 Options granted on April 8, 2016 that are fully exercisable.
F3 Options granted on May 1, 2017 that are fully exercisable.
F4 Options granted on May 1, 2018 that are fully exercisable.
F5 Options granted on May 1, 2019 that are fully exercisable.
F6 Options granted on May 1, 2020 that are exercisable as to approximately 75% of the shares and become fully exercisable on the fourth anniversary of the grant date.
F7 Options granted on May 3, 2021 that are exercisable as to 50% of the shares and become exercisable as to an additional 25% of the shares on each of third and fourth anniversaries of the grant date.
F8 Options granted on May 2, 2022 that are exercisable as to 25% of the shares and become exercisable as to an additional 25% of the shares on each of the second through the fourth anniversaries of the grant date.
F9 Options granted on May 1, 2023 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.

Remarks:

Exhibit 24 Power of Attorney