Filing Details

Accession Number:
0001209191-21-038208
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-04 16:15:30
Reporting Period:
2021-06-02
Accepted Time:
2021-06-04 16:15:30
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
1864007 Dennis Hodgson 2006 Route 130 North
Burlington NJ 08016
Evp Cio 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 2021-06-02 2,200 $4.55 4,999 No 4 M Direct
Common Stock Acquisiton 2021-06-02 1,087 $98.92 6,086 No 4 M Direct
Common Stock Acquisiton 2021-06-02 2,303 $135.37 8,389 No 4 M Direct
Common Stock Acquisiton 2021-06-02 609 $170.08 8,998 No 4 M Direct
Common Stock Acquisiton 2021-06-02 632 $179.46 9,630 No 4 M Direct
Common Stock Disposition 2021-06-02 2,934 $306.82 6,696 No 4 S Direct
Common Stock Disposition 2021-06-02 2,171 $307.82 4,525 No 4 S Direct
Common Stock Disposition 2021-06-02 1,353 $308.68 3,172 No 4 S Direct
Common Stock Disposition 2021-06-02 773 $309.67 2,399 No 4 S Direct
Common Stock Disposition 2021-06-02 481 $311.31 1,918 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S 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 2021-06-02 2,200 $0.00 2,200 $4.55
Common Stock Employee Stock Option (right to buy) Disposition 2021-06-02 1,087 $0.00 1,087 $98.92
Common Stock Employee Stock Option (right to buy) Disposition 2021-06-02 2,303 $0.00 2,303 $135.37
Common Stock Employee Stock Option (right to buy) Disposition 2021-06-02 609 $0.00 609 $170.08
Common Stock Employee Stock Option (right to buy) Disposition 2021-06-02 632 $0.00 632 $179.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,200 2023-06-20 No 4 M Direct
0 2027-05-01 No 4 M Direct
2,303 2028-05-01 No 4 M Direct
1,218 2029-05-01 No 4 M Direct
1,897 2030-05-01 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 $306.34 to $307.32, 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.34 to $308.32, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.35 to $309.21, 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 $309.43 to $310.37, 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 $310.77 to $311.65, 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 options are currently exercisable as to 80% of the shares and become exercisable as to the remaining 20% of the shares on May 22, 2022.
  7. The options are currently exercisable as to 100% of the shares.
  8. The options are currently exercisable as to 75% of the shares and become exercisable as to the remaining 25% of the shares on May 1, 2022.
  9. The options are currently exercisable as to 50% of the shares and become exercisable as to an additional 25% of the shares on May 1 of each of 2022 and 2023.
  10. The options are currently exercisable as to 25% of the shares and become exercisable as to an additional 25% of the shares on May 1 of each of 2022 through 2024.