Burlington Stores, Inc. — Director's Dealing 2019

Dec 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Burlington Stores, Inc. (BURL)
CIK: 0001579298
Period of Report: 2019-11-29

Reporting Person: MAGRINI JOYCE MANNING (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-29	Common Stock	M	5173	$98.92	Acquired	12783	Direct
2019-11-29	Common Stock	M	2302	$135.37	Acquired	15085	Direct
2019-11-29	Common Stock	S	3161	$225.03	Disposed	11924	Direct
2019-11-29	Common Stock	S	2136	$226.17	Disposed	9788	Direct
2019-11-29	Common Stock	S	2178	$226.96	Disposed	7610	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-29	Employee Stock Option (right to buy)	$98.92	M	5173	Disposed	2027-05-01	Common Stock (5173)	Direct
2019-11-29	Employee Stock Option (right to buy)	$135.37	M	2302	Disposed	2028-05-01	Common Stock (2302)	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 $224.54 to $225.48, 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.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.59 to $226.58,
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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.64 to $227.52, 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.

F4: The options are currently exercisable as to 50% of the shares, and become exercisable as to an additional 25% of the shares on May 11, 2020 and as to the remaining 25% of the shares on May 1, 2021.

F5: 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, 2020, as to an additional 25% of the shares on May 1, 2021, and as to the remaining 25% of the shares on May 14, 2022.