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Burlington Stores, Inc. — Director's Dealing 2014
Sep 15, 2014
30380_dirs_2014-09-15_d18b6eae-2cbf-4031-9adf-c231d013f409.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Burlington Stores, Inc. (BURL)
CIK: 0001579298
Period of Report: 2014-09-11
Reporting Person: MAGRINI JOYCE MANNING (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-11 | Common Stock | M | 1476 | $0.79 | Disposed | 111454 | Direct |
| 2014-09-11 | Common Stock | M | 14676 | $0.79 | Disposed | 126130 | Direct |
| 2014-09-11 | Common Stock | M | 2457 | $3.17 | Disposed | 128587 | Direct |
| 2014-09-11 | Common Stock | S | 18609 | $36.9607 | Disposed | 109978 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-11 | Employee Stock Option (right to buy) | $0.79 | M | 1476 | Disposed | 2019-11-02 | Common Stock (16150) | Direct |
| 2014-09-11 | Employee Stock Option (right to buy) | $0.79 | M | 14676 | Disposed | 2021-05-13 | Common Stock (44011) | Direct |
| 2014-09-11 | Employee Stock Option (right to buy) | $3.17 | M | 2457 | Disposed | 2021-05-13 | Common Stock (22000) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.60 to $37.26, 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 ranges set forth in footnote (1) to this Form 4.
F2: The options are currently exercisable as to 80% of the shares and become exercisable as to the remaining 20% of the shares on November 2, 2014.
F3: The options are currently exercisable as to 60% of the shares and become exercisable as to an additional 20% of the shares on May 13, 2015, and as to the remaining 20% of the shares on May 13, 2016.
F4: The options are currently exercisable as to 60% of the shares and become exercisable as to an additional 20% of the shares on May 13, 2015, and as to the remaining 20% of the shares on May 13, 2016.