Burlington Stores, Inc. — Director's Dealing 2021

Jun 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Burlington Stores, Inc. (BURL)
CIK: 0001579298
Period of Report: 2021-06-03

Reporting Person: Metheny Mike (EVP Supply Chain & Asset Prot.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-03	Common Stock	M	11000	$4.55	Acquired	14332	Direct
2021-06-03	Common Stock	M	3117	$98.92	Acquired	17449	Direct
2021-06-03	Common Stock	M	2763	$135.37	Acquired	20212	Direct
2021-06-03	Common Stock	M	1497	$170.08	Acquired	21709	Direct
2021-06-03	Common Stock	M	777	$179.46	Acquired	22486	Direct
2021-06-03	Common Stock	S	878	$301.11	Disposed	21608	Direct
2021-06-03	Common Stock	S	1942	$302.32	Disposed	19666	Direct
2021-06-03	Common Stock	S	2228	$303.50	Disposed	17438	Direct
2021-06-03	Common Stock	S	3613	$304.41	Disposed	13825	Direct
2021-06-03	Common Stock	S	2751	$305.57	Disposed	11074	Direct
2021-06-03	Common Stock	S	2850	$306.60	Disposed	8224	Direct
2021-06-03	Common Stock	S	5623	$307.36	Disposed	2601	Direct
2021-06-03	Common Stock	S	252	$308.18	Disposed	2349	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-03	Employee Stock Option (right to buy)	$4.55	M	11000	Disposed	2023-06-17	Common Stock (11000)	Direct
2021-06-03	Employee Stock Option (right to buy)	$98.92	M	3117	Disposed	2027-05-01	Common Stock (3117)	Direct
2021-06-03	Employee Stock Option (right to buy)	$135.37	M	2763	Disposed	2028-05-01	Common Stock (2763)	Direct
2021-06-03	Employee Stock Option (right to buy)	$170.08	M	1497	Disposed	2029-05-01	Common Stock (1497)	Direct
2021-06-03	Employee Stock Option (right to buy)	$179.46	M	777	Disposed	2030-05-01	Common Stock (777)	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 $300.69 to $301.48, 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 $301.79 to $302.78,
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 $302.94 to $303.88, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.94 to $304.93, 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $304.99 to $305.97, 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.00 to $306.99, 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.00 to $307.98, 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.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.03 to $308.33, 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.

F9: The options are currently exercisable as to 80% of the shares and become exercisable as to the remaining 20% of the shares on May 23, 2022.

F10: The options are currently exercisable as to 100% of the shares.

F11: 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.

F12: 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.

F13: 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.