MAGRINI JOYCE MANNING 4
4 · Burlington Stores, Inc. · Filed Dec 4, 2020
Insider Transaction Report
Form 4
MAGRINI JOYCE MANNING
Executive VP - Human Resources
Transactions
- Exercise/Conversion
Common Stock
2020-12-02$135.37/sh+2,303$311,757→ 12,151 total - Exercise/Conversion
Common Stock
2020-12-02$170.08/sh+624$106,130→ 12,775 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-12-02−1,516→ 0 totalExercise: $54.58Exp: 2026-05-01→ Common Stock (1,516 underlying) - Exercise/Conversion
Common Stock
2020-12-02$98.92/sh+2,587$255,906→ 9,848 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-12-02−2,303→ 4,606 totalExercise: $135.37Exp: 2028-05-01→ Common Stock (2,303 underlying) - Exercise/Conversion
Common Stock
2020-12-02$54.58/sh+1,516$82,743→ 7,261 total - Sale
Common Stock
2020-12-02$225.03/sh−7,030$1,581,961→ 5,745 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-12-02−2,587→ 2,587 totalExercise: $98.92Exp: 2027-05-01→ Common Stock (2,587 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2020-12-02−624→ 1,872 totalExercise: $170.08Exp: 2029-05-01→ Common Stock (624 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.00 to $225.21, 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 options are currently exercisable as to 100% of the shares.
- [F3]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, 2021.
- [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 1, 2021 and as to the remaining 25% of the shares on May 1, 2022.
- [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, 2021, as to an additional 25% of the shares on May 1, 2022, and as to the remaining 25% of the shares on May 1, 2023.