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Burlington Stores, Inc. — Director's Dealing 2015
Jun 15, 2015
30380_dirs_2015-06-15_1817029b-106d-48fb-9ca9-b4fe4bc35216.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: 2015-06-11
Reporting Person: Metheny Mike (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-11 | Common Stock | M | 1833 | $5.02 | Acquired | 3455 | Direct |
| 2015-06-11 | Common Stock | M | 3667 | $0.79 | Acquired | 7122 | Direct |
| 2015-06-11 | Common Stock | M | 3668 | $5.02 | Acquired | 10790 | Direct |
| 2015-06-11 | Common Stock | M | 7332 | $0.79 | Acquired | 18122 | Direct |
| 2015-06-11 | Common Stock | M | 22000 | $4.55 | Acquired | 40122 | Direct |
| 2015-06-11 | Common Stock | S | 38500 | $49.0349 | Disposed | 1622 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-11 | Employee Stock Option (right to buy) | $5.02 | M | 1833 | Disposed | 2021-05-10 | Common Stock (3666) | Direct |
| 2015-06-11 | Employee Stock Option (right to buy) | $0.79 | M | 3667 | Disposed | 2021-05-10 | Common Stock (7335) | Direct |
| 2015-06-11 | Employee Stock Option (right to buy) | $5.02 | M | 3668 | Disposed | 2022-05-22 | Common Stock (11003) | Direct |
| 2015-06-11 | Employee Stock Option (right to buy) | $0.79 | M | 7332 | Disposed | 2022-05-22 | Common Stock (21998) | Direct |
| 2015-06-11 | Employee Stock Option (right to buy) | $4.55 | M | 22000 | Disposed | 2023-05-22 | Common Stock (55000) | 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 $48.90 to $49.07, 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 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 May 10, 2016.
F3: The options are currently exercisable as to 80% of the shares and become exercisable as to the remaining 20% of the shares on May 10, 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 22, 2016 and as to the remaining 20% of the shares on May 22, 2017.
F5: The options are currently exercisable as to 60% of the shares and become exercisable as to an additional 20% of the shares on May 22, 2016 and as to the remaining 20% of the shares on May 22, 2017.
F6: The options are currently exercisable as to 40% of the shares and become exercisable as to an additional 20% of the shares on May 22, 2016, as to an additional 20% of the shares on May 22, 2017 and as to the remaining 20% of the shares on May 22, 2018.