Filing Details

Accession Number:
0001209191-19-058691
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-03 16:16:00
Reporting Period:
2019-11-29
Accepted Time:
2019-12-03 16:16:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1579298 Burlington Stores Inc. BURL Retail-Department Stores (5311) 800895227
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1585982 Fred Hand 2006 Route 130 North
Burlington NJ 08016
Chief Customer Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-11-29 14,714 $98.92 70,786 No 4 M Direct
Common Stock Acquisiton 2019-11-29 4,485 $80.91 75,271 No 4 M Direct
Common Stock Disposition 2019-11-29 8,458 $224.98 66,813 No 4 S Direct
Common Stock Disposition 2019-11-29 5,684 $226.07 61,129 No 4 S Direct
Common Stock Disposition 2019-11-29 7,241 $226.90 53,888 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2019-11-29 14,714 $0.00 14,714 $98.92
Common Stock Employee Stock Option (right to buy) Disposition 2019-11-29 4,485 $0.00 4,485 $80.91
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,714 2027-05-01 No 4 M Direct
4,485 2027-01-30 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.53 to $225.48, inclusive. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forthin this footnote to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.56 to $226.54, inclusive. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forthin this footnote to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.56 to $227.35, inclusive. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  4. The options are currently exercisable as to 50% of the shares, and become exercisable as to an additional 25% of the shares on May 11, 2020and as to the remaining 25% of the shares on May 1, 2021.
  5. The options are currently exercisable as to 50% of the shares, and become exercisable as to an additional 25% of the shares on January 30, 2020 and as to the remaining 25% of the shares on January 30, 2021.