SEC Form 4 · accession 0001546417-16-000167
Bloomin' Brands, Inc. · BLMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Thomas Sullivan
Director
Period of report
May 10, 2016
Accepted (ET)
Jun 8, 2016 · 3:18 pm EDT
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 StockF1 | May 10, 2016 | G | 25,000 | $0.00 | D | 1,364,649 | I | See footnote |
| Common StockF2,F3,F1 | Jun 6, 2016 | S | 133,000 | $19.4826 | D | 1,231,649 | I | See footnote |
| Common StockF4 | holding | — | — | — | 399,296 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F6,F7 | — | holding | — | — | — | — | — | Common Stock | 5,978 | 5,978 | D |
Explanation of responses
- F1Represents shares of common stock owned by CTS Equities, Limited Partnership, an investment partnership ("CTSLP"). Mr. Sullivan is a limited partner of CTSLP and the sole member of CTS Equities, LLC, which is the sole general partner of CTSLP.
- F2This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan.
- F3Price 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 $19.3000 to $19.6900. 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.
- F4Represents shares of Bloomin' Brands, Inc. common stock held by a charitable foundation for which Mr. Sullivan serves as trustee.
- F5Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- F6These restricted stock units vest as to one-third of the number of shares immediately prior to the issuer's annual meeting of stockholders each year following the date of grant.
- F7This field is not applicable.