Accession Number: | 0001181431-14-031950 |
Date: | 2014-09-11 |
Issuer: | BURLINGTON STORES, INC. (BURL) |
Original Submission Date: |
MAGRINI JOYCE MANNING
1830 ROUTE 130 NORTH
BURLINGTON, NJ 08016
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2014-09-11 | M | 1,476 | d | $0.79 | 111,454 | direct | ||
COMMON STOCK | 2014-09-11 | M | 14,676 | d | $0.79 | 126,130 | direct | ||
COMMON STOCK | 2014-09-11 | M | 2,457 | d | $3.17 | 128,587 | direct | ||
COMMON STOCK | 2014-09-11 | S | 18,609 | d | $36.96 | 109,978 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 0.79 | 2014-09-11 | deemed execution date | M | 1,476 (d) | 2019-11-02 | common stock 16,150 | $0.79 | 14,674 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 0.79 | 2014-09-11 | deemed execution date | M | 14,676 (d) | 2021-05-13 | common stock 44,011 | $0.79 | 29,335 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 3.17 | 2014-09-11 | deemed execution date | M | 2,457 (d) | 2021-05-13 | common stock 22,000 | $3.17 | 19,543 | direct |
ID | footnote |
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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 $37.26, 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 80% of the shares and become exercisable as to the remaining 20% of the shares on november 2, 2014. |
f3 | the options are currently exercisable as to 60% of the shares and become exercisable as to an additional 20% of the shares on may 13, 2015, and as to the remaining 20% of the shares on may 13, 2016. |
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 13, 2015, and as to the remaining 20% of the shares on may 13, 2016. |