SEC Form 4 · accession 0001546417-16-000192
Bloomin' Brands, Inc. · BLMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Kappitt
Officer — EVP & President of Carrabba's
Period of report
Mar 1, 2016
Accepted (ET)
Aug 18, 2016 · 12:54 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,F2 | Aug 16, 2016 | S | 10,000 | $19.50 | D | 16,286 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Mar 1, 2016 | A | 25,000 | A | — | — | Common Stock | 25,000 | 25,000 | D |
| Stock Option (right to buy)F5 | $17.80 | Mar 1, 2016 | A | 50,000 | A | — | Mar 1, 2026 | Common Stock | 50,000 | 50,000 | D |
| Restricted Stock UnitsF6,F4 | $0.00 | holding | — | — | — | — | — | Common Stock | 11,201 | 11,201 | D |
| Restricted Stock UnitsF7,F4 | $0.00 | holding | — | — | — | — | — | Common Stock | 12,500 | 12,500 | D |
| Stock Option (right to buy)F8 | $17.15 | holding | — | — | — | — | Feb 25, 2026 | Common Stock | 26,113 | 26,113 | D |
| Stock Option (right to buy)F9 | $25.36 | holding | — | — | — | — | Feb 26, 2025 | Common Stock | 15,074 | 15,074 | D |
| Stock Option (right to buy)F10 | $25.32 | holding | — | — | — | — | Feb 27, 2024 | Common Stock | 12,490 | 12,490 | D |
| Stock Option (right to buy)F11 | $23.87 | holding | — | — | — | — | Jan 2, 2024 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (right to buy)F12 | $17.40 | holding | — | — | — | — | Feb 26, 2023 | Common Stock | 10,021 | 10,021 | D |
| Stock Option (right to buy)F13 | $10.03 | holding | — | — | — | — | Jul 5, 2021 | Common Stock | 49,227 | 49,227 | D |
Explanation of responses
- F1This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan.
- F10These stock options, in the original grant amount of 12,490, began vesting in four equal annual installments on February 27, 2015.
- F11These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on January 2, 2015.
- F12These stock options, in the original grant amount of 10,021, began vesting in four equal annual installments on February 26, 2014.
- F13These stock options are fully vested.
- F2Certain of these shares represent restricted stock issued under a Bloomin' Brands, Inc. stock plan and are subject to risk of forfeiture. Of such shares, 12,500 continue to be subject to forfeiture under the plan.
- F3These restricted stock units, in the original grant amount of 25,000, will begin vesting in four equal annual installments on February 12, 2017.
- F4This field is not applicable.
- F5These stock options, in the original grant amount of 50,000, will begin vesting in four equal annual installments on February 12, 2017.
- F6These restricted stock units, in the original grant amount of 11,201, will begin vesting in four equal annual installments on February 25, 2017.
- F7These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on January 2, 2015.
- F8These stock options, in the original grant amount of 26,113, will begin vesting in four equal annual installments on February 25, 2017.
- F9These stock options, in the original grant amount of 15,074, began vesting in four equal annual installments on February 26, 2016.