SEC Form 4 · accession 0001546417-17-000058
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
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 4:47 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 Stock | Apr 28, 2017 | M | 16,409 | $10.03 | A | 43,047 | D | |
| Common StockF1,F2 | Apr 28, 2017 | S | 26,409 | $21.35 | D | 16,638 | 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 | $10.03 | Apr 28, 2017 | M | 16,409 | D | — | Jul 5, 2021 | Common Stock | 16,409 | 32,818 | D |
| Restricted Stock UnitsF4,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 11,222 | 11,222 | D |
| Restricted Stock UnitsF6,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 8,401 | 8,401 | D |
| Restricted Stock UnitsF7,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 18,750 | 18,750 | D |
| Restricted Stock UnitsF8,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 6,250 | 6,250 | D |
| Stock Option (right to buy)F9 | $17.27 | holding | — | — | — | — | Feb 24, 2027 | Common Stock | 26,733 | 26,733 | D |
| Stock Option (right to buy)F10 | $17.80 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 50,000 | 50,000 | D |
| Stock Option (right to buy)F11 | $17.15 | holding | — | — | — | — | Feb 25, 2026 | Common Stock | 26,113 | 26,113 | D |
| Stock Option (right to buy)F12 | $25.36 | holding | — | — | — | — | Feb 26, 2025 | Common Stock | 15,074 | 15,074 | D |
| Stock Option (right to buy)F13 | $25.32 | holding | — | — | — | — | Feb 27, 2024 | Common Stock | 12,490 | 12,490 | D |
| Stock Option (right to buy)F14 | $23.87 | holding | — | — | — | — | Jan 2, 2024 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (right to buy)F3 | $17.40 | holding | — | — | — | — | Feb 26, 2023 | Common Stock | 10,021 | 10,021 | D |
Explanation of responses
- F1Price reflected is the weighted-average sales price for the shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transaction reported was $21.27 to $21.43. The reporting person undertakes to provide to 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.
- F10These stock options, in the original grant amount of 50,000, began vesting in four equal annual installments on February 12, 2017.
- F11These stock options, in the original grant amount of 26,113, began vesting in four equal annual installments on February 25, 2017.
- F12These stock options, in the original grant amount of 15,074, began vesting in four equal annual installments on February 26, 2016.
- F13These stock options, in the original grant amount of 12,490, began vesting in four equal annual installments on February 27, 2015.
- F14These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on January 2, 2015.
- 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, 6,250 continue to be subject to forfeiture under the plan.
- F3These stock options are fully vested.
- F4These restricted stock units, in the original grant amount of 11,222, will begin vesting in four equal annual installments on February 24, 2018.
- F5This field is not applicable.
- F6These restricted stock units, in the original grant amount of 11,201, began 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 February 12, 2017.
- F8These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on January 2, 2015.
- F9These stock options, in the original grant amount of 26,733, will begin vesting in four equal annual installments on February 24, 2018.