Burlington Stores, Inc. 4
4 · Burlington Stores, Inc. · Filed Sep 15, 2014
Insider Transaction Report
Form 4
Metcalf Paul
EVP, Merchandising Officer
Transactions
- Exercise/Conversion
Common Stock
2014-09-11$0.79/sh+28,805$22,756→ 83,805 total - Sale
Common Stock
2014-09-11$37.01/sh−28,805$1,066,208→ 55,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2014-09-11−28,805→ 157,865 totalExercise: $0.79Exp: 2022-05-22→ Common Stock (186,670 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.60 to $37.38, 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 ranges 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.