SEC Form 4 · accession 0001546417-18-000044
Bloomin' Brands, Inc. · BLMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donagh Herlihy
Officer — EVP Digital and CIO
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 6:59 pm 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 | Feb 26, 2018 | M | 7,834 | $17.15 | A | 11,913 | D | |
| Common StockF1 | Feb 26, 2018 | S | 7,834 | $24.00 | D | 4,079 | D | |
| Common StockF1 | Feb 26, 2018 | M | 8,020 | $17.27 | A | 12,099 | D | |
| Common StockF1 | Feb 26, 2018 | S | 8,020 | $24.00 | D | 4,079 | D | |
| Common StockF2 | Feb 26, 2018 | M | 2,304 | $0.00 | A | 6,383 | D | |
| Common StockF3 | Feb 26, 2018 | F | 1,008 | $24.105 | D | 5,375 | D | |
| Common StockF1,F4 | Feb 26, 2018 | S | 5,375 | $23.69 | D | 0 | 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)F1,F5 | $17.15 | Feb 26, 2018 | M | 7,834 | D | — | Feb 25, 2026 | Common Stock | 7,834 | 15,668 | D |
| Stock Option (right to buy)F1,F6 | $17.27 | Feb 26, 2018 | M | 8,020 | D | — | Feb 24, 2027 | Common Stock | 8,020 | 24,060 | D |
| Restricted Stock UnitsF7,F8,F9 | $0.00 | holding | — | — | — | — | — | Common Stock | 9,516 | 9,516 | D |
| Restricted Stock UnitsF7,F10,F9 | $0.00 | holding | — | — | — | — | — | Common Stock | 10,101 | 10,101 | D |
| Restricted Stock UnitsF7,F11,F9 | $0.00 | holding | — | — | — | — | — | Common Stock | 6,721 | 6,721 | D |
| Restricted Stock UnitsF7,F12,F9 | $0.00 | holding | — | — | — | — | — | Common Stock | 12,500 | 12,500 | D |
| Stock Option (right to buy)F13 | $24.10 | holding | — | — | — | — | Feb 23, 2028 | Common Stock | 22,284 | 22,284 | D |
| Stock Option (right to buy)F14 | $25.36 | holding | — | — | — | — | Feb 26, 2025 | Common Stock | 26,471 | 26,471 | D |
| Stock Option (right to buy)F15 | $18.12 | holding | — | — | — | — | Oct 1, 2024 | Common Stock | 62,500 | 62,500 | D |
Explanation of responses
- F1This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan that was entered into on November 10, 2017.
- F10These restricted stock units, in the original grant amount of 13,467, began vesting in four equal annual installments on February 24, 2018.
- F11These restricted stock units, in the original grant amount of 13,442, began vesting in four equal annual installments on February 25, 2017.
- F12These restricted stock units, in the original grant amount of 50,000, began vesting in four equal annual installments on October 1, 2015.
- F13These stock options, in the original grant amount of 22,284 will begin vesting in four equal annual installments on February 23, 2019.
- F14These stock options, in the original grant amount of 26,471, began vesting in four equal annual installments on February 26, 2016.
- F15These stock options, in the original grant amount of 250,000, began vesting in four equal annual installments on October 1, 2015.
- F2Represents shares of common stock acquired upon vesting of certain performance-based share units as a result of achievement of performance goals.
- F3These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain performance-based share units.
- F4Price 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 $23.66 to $23.82. 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.
- F5These stock options, in the original grant amount of 31,335, began vesting in four equal annual installments on February 25, 2017.
- F6These stock options, in the original grant amount of 32,080, began vesting in four equal annual installments on February 24, 2018.
- F7Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
- F8These restricted stock units, in the original grant amount of 9,516, will begin vesting in four equal annual installments on February 23, 2019.
- F9This field is not applicable.