SEC Form 4 · accession 0001546417-16-000215
Bloomin' Brands, Inc. · BLMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Thomas Sullivan
Director
Period of report
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 9:34 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 StockF1,F2,F3 | Dec 9, 2016 | S | 157,750 | $19.44 | D | 807,899 | 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
- F1This transaction was effected by the reporting person pursuant to a 10b5-1 trading plan.
- F2Price reflected is the weighted-average sale price for the shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $18.98 to $19.595. 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.
- F3Represents 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.
- 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, in the original grant amount of 5,978, will begin vesting in three equal annual installments immediately prior to the issuer's annual meeting of stockholders each year beginning with the issuer's annual meeting of stockholders in 2017.
- F7This field is not applicable.