Sec Form 3 Filing - Pasch Matthew @ Burlington Stores, Inc. - 2023-11-15

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Pasch Matthew
2. Issuer Name and Ticker or Trading Symbol
Burlington Stores, Inc. [ BURL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Human Resources Officer
(Last) (First) (Middle)
2006 ROUTE 130 NORTH
3. Date of Earliest Transaction (MM/DD/YY)
11/15/2023
(Street)
BURLINGTON, NJ08016
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 7,140 ( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 135.37 ( 2 ) 05/01/2028 Common Stock 282 D
Employee Stock Option (right to buy) $ 170.08 ( 3 ) 05/01/2029 Common Stock 478 D
Employee Stock Option (right to buy) $ 179.46 ( 4 ) 05/01/2030 Common Stock 728 D
Employee Stock Option (right to buy) $ 326.73 ( 5 ) 05/03/2031 Common Stock 577 D
Employee Stock Option (right to buy) $ 211.68 ( 6 ) 05/02/2032 Common Stock 994 D
Employee Stock Option (right to buy) $ 234.15 ( 7 ) 02/01/2033 Common Stock 66 D
Employee Stock Option (right to buy) $ 186.61 ( 8 ) 05/01/2033 Common Stock 1,390 D
Employee Stock Option (right to buy) $ 121.35 ( 9 ) 10/09/2033 Common Stock 1,253 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pasch Matthew
2006 ROUTE 130 NORTH
BURLINGTON, NJ08016
Chief Human Resources Officer
Signatures
/s/ Christopher Schaub, as attorney-in-fact for Matthew Pasch 11/22/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes restricted stock units for (i) 171 shares, which fully vest on May 1, 2024, (ii) 202 shares, which vest in equal installments on May 3 of each of 2024 and 2025, (iii) 554 shares, which vest in substantially equal installments on May 2 of each of 2024 through 2026, (iv) 49 shares, which vest in substantially equal installments on February 1 of each of 2024 through 2027, (v) 1,034 shares, which vest in substantially equal installments on May 1 of each of 2024 through 2027, (vi) 1,808 shares, which fully vest on January 9, 2026 and (vii) 466 shares which vest in substantially equal installments on October 9 of each of 2024 through 2027.
( 2 )Options granted on May 1, 2018 that are fully exercisable.
( 3 )Options granted on May 1, 2019 that are fully exercisable.
( 4 )Options granted on May 1, 2020 that are exercisable as to approximately 67% of the shares and become fully exercisable on the fourth anniversary of the grant date.
( 5 )Options granted on May 3, 2021 that are exercisable as to 50% of the shares and become exercisable as to an additional 25% of the shares on each of third and fourth anniversaries of the grant date.
( 6 )Options granted on May 2, 2022 that are exercisable as to 25% of the shares and become exercisable as to an additional 25% of the shares on each of the second through the fourth anniversaries of the grant date.
( 7 )Options granted on February 1, 2023 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.
( 8 )Options granted on May 1, 2023 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.
( 9 )Options granted on October 9, 2023 that become exercisable in one-quarter installments on each of the first four anniversaries of the grant date.

Remarks:
Exhibit 24 Power of Attorney

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