Filing Details

Accession Number:
0001209191-18-058516
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-14 16:15:22
Reporting Period:
2018-11-12
Accepted Time:
2018-11-14 16:15:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1579298 Burlington Stores Inc. BURL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1371136 Thomas Kingsbury 2006 Route 130 North
Burlington NJ 08016
President & Ceo Yes 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 2018-11-12 20,000 $4.55 322,973 No 4 M Direct
Common Stock Disposition 2018-11-12 6,763 $171.69 316,210 No 4 S Direct
Common Stock Disposition 2018-11-12 6,000 $172.50 310,210 No 4 S Direct
Common Stock Disposition 2018-11-12 6,237 $173.53 303,973 No 4 S Direct
Common Stock Disposition 2018-11-12 1,000 $174.47 302,973 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2018-11-12 20,000 $0.00 20,000 $4.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
340,000 2023-06-17 No 4 M Direct
Footnotes
  1. The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 21, 2018.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 21, 2018.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.08 to $172.03,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 thisfootnote to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.09 to $173.08, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.09 to $173.95, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.10 to $174.93, 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.
  7. The options are currently exercisable as to 80% of the shares and become exercisable as to the remaining 20% of the shares on April 25, 2019.