SEC Form 4 · accession 0001546417-18-000046
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
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 7:00 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 | 1,280 | $0.00 | A | 11,723 | D | |
| Common StockF2 | Feb 26, 2018 | F | 380 | $24.105 | D | 11,343 | D | |
| Common Stock | Feb 26, 2018 | M | 16,973 | $17.15 | A | 28,316 | D | |
| Common Stock | Feb 26, 2018 | M | 12,029 | $17.27 | A | 40,345 | D | |
| Common Stock | Feb 26, 2018 | M | 6,889 | $6.50 | A | 47,234 | D | |
| Common Stock | Feb 26, 2018 | M | 37,140 | $6.50 | A | 84,374 | D | |
| Common StockF3 | Feb 26, 2018 | S | 84,374 | $23.78 | D | 0 | D | |
| Common StockF1 | Feb 27, 2018 | M | 1,235 | $0.00 | A | 1,235 | D | |
| Common StockF2 | Feb 27, 2018 | F | 486 | $23.74 | D | 749 | 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)F4 | $17.15 | Feb 26, 2018 | M | 16,973 | D | — | Feb 25, 2026 | Common Stock | 16,973 | 16,973 | D |
| Stock Option (right to buy)F5 | $17.27 | Feb 26, 2018 | M | 12,029 | D | — | Feb 24, 2027 | Common Stock | 12,029 | 36,090 | D |
| Stock Option (right to buy)F6 | $6.50 | Feb 26, 2018 | M | 6,889 | D | — | Apr 6, 2020 | Common Stock | 6,889 | 0 | D |
| Stock Option (right to buy)F7 | $6.50 | Feb 26, 2018 | M | 37,140 | D | — | Sep 2, 2020 | Common Stock | 37,140 | 0 | D |
| Restricted Stock UnitsF8,F9,F10 | $0.00 | holding | — | — | — | — | — | Common Stock | 15,789 | 15,789 | D |
| Restricted Stock UnitsF8,F11,F10 | $0.00 | holding | — | — | — | — | — | Common Stock | 15,150 | 15,150 | D |
| Restricted Stock UnitsF8,F12,F10 | $0.00 | holding | — | — | — | — | — | Common Stock | 18,750 | 18,750 | D |
| Restricted Stock UnitsF8,F13,F10 | $0.00 | holding | — | — | — | — | — | Common Stock | 7,281 | 7,281 | D |
| Restricted Stock UnitsF8,F14,F10 | $0.00 | holding | — | — | — | — | — | Common Stock | 12,500 | 12,500 | D |
| Stock Option (right to buy)F15 | $24.10 | holding | — | — | — | — | Feb 23, 2028 | Common Stock | 36,974 | 36,974 | D |
| Stock Option (right to buy)F16 | $17.80 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 42,056 | 42,056 | D |
| Stock Option (right to buy)F17 | $17.96 | holding | — | — | — | — | Aug 1, 2026 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (right to buy)F18 | $24.14 | holding | — | — | — | — | Apr 1, 2025 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (right to buy)F19 | $25.36 | holding | — | — | — | — | Feb 26, 2025 | Common Stock | 14,706 | 14,706 | D |
| Stock Option (right to buy)F7 | $25.32 | holding | — | — | — | — | Feb 27, 2024 | Common Stock | 12,166 | 12,166 | D |
| Stock Option (right to buy)F7 | $18.73 | holding | — | — | — | — | Feb 1, 2023 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Represents shares of common stock acquired upon vesting of certain performance-based share units as a result of achievement of performance goals.
- F10This field is not applicable.
- F11These restricted stock units, in the original grant amount of 20,200, began vesting in four equal annual installments on February 24, 2018.
- F12These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on August 1, 2017.
- F13These restricted stock units, in the original grant amount of 14,562, began vesting in four equal annual installments on February 25, 2017.
- F14These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on March 12, 2016.
- F15These stock options, in the original grant amount of 36,974 will begin vesting in four equal annual installments on February 23, 2019.
- F16These stock options, in the original grant amount of 42,056, vest on March 1, 2018.
- F17These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on August 1, 2017.
- F18These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on March 12, 2016.
- F19These stock options, in the original grant amount of 14,706, began vesting in four equal annual installments on February 26, 2016.
- F2These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain performance-based share units.
- F3Price 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 $23.610 to $24.020. 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.
- F4These stock options, in the original grant amount of 33,946, began vesting in four equal annual installments on February 25, 2017.
- F5These stock options, in the original grant amount of 48,119, began vesting in four equal annual installments on February 24, 2018.
- F6These stock options are replacement stock options and are fully vested.
- F7These stock options are fully vested.
- F8Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
- F9These restricted stock units, in the original grant amount of 15,789, will begin vesting in four equal annual installments on February 23, 2019.