SEC Form 4 · accession 0001546417-15-000006
Bloomin' Brands, Inc. · BLMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Pace
Officer — EVP & President of Carrabba's
Period of report
Jan 5, 2015
Accepted (ET)
Jan 6, 2015 · 10:01 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546417
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 5, 2015 | M | 50,000 | $6.50 | A | 55,659 | D | |
| Common StockF2 | Jan 5, 2015 | S | 50,000 | $23.715 | D | 5,659 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $6.50 | Jan 5, 2015 | M | 50,000 | D | — | Jul 27, 2020 | Common Stock | 50,000 | 300,000 | D |
| Stock Option (right to buy)F4 | $10.03 | holding | — | — | — | — | Dec 9, 2021 | Common Stock | 133,300 | 133,300 | D |
| Stock Option (right to buy)F5 | $17.40 | holding | — | — | — | — | Feb 26, 2023 | Common Stock | 33,313 | 33,313 | D |
| Stock Option (right to buy)F6 | $25.32 | holding | — | — | — | Feb 27, 2015 | Feb 27, 2024 | Common Stock | 26,116 | 26,116 | D |
Explanation of responses
- F1This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan.
- F2Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $23.36 to $24.20. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.
- F3This option vests in five equal annual installments beginning on August 16, 2011.
- F4This option vests in five equal annual installments beginning on December 9, 2012.
- F5This option vests in four equal annual installments beginning on February 26, 2014.
- F6This option vests in four equal annual installments beginning on February 27, 2015.