SEC Form 4 · accession 0001546417-17-000060
Bloomin' Brands, Inc. · BLMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg Scarlett
Officer — EVP&Pres. Outback Steakhouse
Period of report
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 4:49 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 | 35,971 | $6.50 | A | 66,331 | D | |
| Common StockF1 | Apr 28, 2017 | S | 55,971 | $21.49 | D | 10,360 | D | |
| Common StockF2 | Apr 28, 2017 | S | 10,000 | $21.43 | D | 360 | 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 | Apr 28, 2017 | M | 35,971 | D | — | Apr 6, 2020 | Common Stock | 35,971 | 6,889 | D |
| Restricted Stock UnitsF4,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 20,200 | 20,200 | D |
| Restricted Stock UnitsF6,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 25,000 | 25,000 | D |
| Restricted Stock UnitsF7,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 10,922 | 10,922 | D |
| Restricted Stock UnitsF8,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 12,500 | 12,500 | D |
| Stock Option (right to buy)F9 | $17.27 | holding | — | — | — | — | Feb 24, 2027 | Common Stock | 48,119 | 48,119 | D |
| Stock Option (right to buy)F10 | $17.96 | holding | — | — | — | — | Aug 1, 2026 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (right to buy)F11 | $17.80 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 42,056 | 42,056 | D |
| Stock Option (right to buy)F12 | $17.15 | holding | — | — | — | — | Feb 25, 2026 | Common Stock | 33,946 | 33,946 | D |
| Stock Option (right to buy)F13 | $24.14 | holding | — | — | — | — | Apr 1, 2025 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (right to buy)F14 | $25.36 | holding | — | — | — | — | Feb 26, 2025 | Common Stock | 14,706 | 14,706 | D |
| Stock Option (right to buy)F15 | $25.32 | holding | — | — | — | — | Feb 27, 2024 | Common Stock | 12,166 | 12,166 | D |
| Stock Option (right to buy)F16 | $18.73 | holding | — | — | — | — | Feb 1, 2023 | Common Stock | 75,000 | 75,000 | D |
| Stock Option (right to buy)F16 | $6.50 | holding | — | — | — | — | Sep 2, 2020 | Common Stock | 37,140 | 37,140 | 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 $21.460 to $21.535. 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 100,000, will begin vesting in four equal annual installments on August 1, 2017.
- F11These stock options, in the original grant amount of 42,056, vest on March 1, 2018.
- F12These stock options, in the original grant amount of 33,946, began vesting in four equal annual installments on February 25, 2017.
- F13These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on March 12, 2016.
- F14These stock options, in the original grant amount of 14,706, began vesting in four equal annual installments on February 26, 2016.
- F15These stock options, in the original grant amount of 12,166, began vesting in four equal annual installments on February 27, 2015.
- F16These stock options are fully vested.
- F2Price 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 $21.42 to $21.44. 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.
- F3These stock options are replacement stock options and are fully vested.
- F4These restricted stock units, in the original grant amount of 20,200, 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 25,000, will begin vesting in four equal annual installments on August 1, 2017.
- F7These restricted stock units, in the original grant amount of 14,562, began vesting in four equal annual installments on February 25, 2017.
- F8These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on March 12, 2016.
- F9These stock options, in the original grant amount of 48,119, will begin vesting in four equal annual installments on February 24, 2018.