Burlington Stores, Inc. 4
4 · Burlington Stores, Inc. · Filed Dec 14, 2016
Insider Transaction Report
Form 4
Metheny Mike
EVP, Supply Chain
Transactions
- Exercise/Conversion
Common Stock
2016-12-12$4.55/sh+3,501$15,930→ 5,782 total - Sale
Common Stock
2016-12-12$87.16/sh−1,877$163,599→ 2,281 total - Sale
Common Stock
2016-12-12$86.46/sh−1,624$140,411→ 4,158 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-12-12−3,501→ 22,000 totalExercise: $4.55Exp: 2023-05-22→ Common Stock (3,501 underlying)
Footnotes (4)
- [F1]The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 24, 2016.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.79 to $86.73, 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 $86.77 to $87.64, 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 60% of the shares and become exercisable 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.