Burlington Stores, Inc. 4
4 · Burlington Stores, Inc. · Filed Jan 27, 2015
Insider Transaction Report
Form 4
Metcalf Paul
EVP, Merchandising Officer
Transactions
- Sale
Common Stock
2015-01-23$50.92/sh−25,607$1,304,026→ 55,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2015-01-23−13,332→ 19,998 totalExercise: $3.17Exp: 2022-05-22→ Common Stock (33,330 underlying) - Exercise/Conversion
Common Stock
2015-01-23$3.17/sh+13,332$42,262→ 80,607 total - Exercise/Conversion
Common Stock
2015-01-23$0.79/sh+12,275$9,697→ 67,275 total - Exercise/Conversion
Employee Stock Option (right to buy)
2015-01-23−12,275→ 112,002 totalExercise: $0.79Exp: 2022-05-22→ Common Stock (124,277 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.921 to $50.973, 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 40% of the shares and become exercisable as to an additional 20% of the shares on May 22, 2015, 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.
- [F3]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, 2015, 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.