Filing Details

Accession Number:
0001209191-19-058687
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-03 16:15:29
Reporting Period:
2019-11-29
Accepted Time:
2019-12-03 16:15:29
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
1641994 Jennifer Vecchio 2006 Route 130 North
Burlington NJ 08016
President And Cmo 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 2,000 $53.01 40,060 No 4 M Direct
Common Stock Disposition 2019-11-29 1,527 $226.62 38,533 No 4 S Direct
Common Stock Disposition 2019-11-29 473 $227.24 38,060 No 4 S Direct
Common Stock Acquisiton 2019-11-29 11,016 $53.01 49,076 No 4 M Direct
Common Stock Acquisiton 2019-11-29 4,000 $54.58 53,076 No 4 M Direct
Common Stock Disposition 2019-11-29 6,342 $224.97 46,734 No 4 S Direct
Common Stock Disposition 2019-11-29 3,648 $226.10 43,086 No 4 S Direct
Common Stock Disposition 2019-11-29 5,026 $226.91 38,060 No 4 S Direct
Common Stock Disposition 2019-12-02 440 $0.00 37,620 No 5 G Direct
Common Stock Disposition 2019-12-02 67 $0.00 37,553 No 5 G Direct
Common Stock Disposition 2019-12-02 67 $0.00 37,486 No 5 G Direct
Common Stock Acquisiton 2019-12-02 67 $0.00 67 No 5 G Indirect By reporting person as UTMA custodian for son
Common Stock Acquisiton 2019-12-02 67 $0.00 67 No 5 G Indirect By reporting person as UTMA custodian for daughter
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 5 G Direct
No 5 G Direct
No 5 G Direct
No 5 G Indirect By reporting person as UTMA custodian for son
No 5 G Indirect By reporting person as UTMA custodian for daughter
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 13,016 $0.00 13,016 $53.01
Common Stock Employee Stock Option (right to buy) Disposition 2019-11-29 4,000 $0.00 4,000 $54.58
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,000 2025-05-11 No 4 M Direct
16,776 2026-04-08 No 4 M Direct
Footnotes
  1. The option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 26, 2019.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 26, 2019.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.00 to $226.99, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.04 to $227.67, 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 $224.50 to $225.42, 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 $225.57 to $226.55, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.63 to $227.39, 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.
  8. Transfer to reporting person as custodian for son under Uniform Transfers to Minors Act. The reporting person disclaims beneficial ownership of those shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  9. Transfer to reporting person as custodian for daughter under Uniform Transfers to Minors Act. The reporting person disclaims beneficial ownership of those shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  10. The options are currently exercisable as to 100% of the shares.
  11. The options are currently exercisable as to 75% of the shares and become exercisable as to the remaining 25% of the shares on April 8, 2020.