SEC Form 4 · accession 0001546417-18-000074
Bloomin' Brands, Inc. · BLMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth A Smith
Officer — Chairman and CEO · Director
Period of report
Apr 10, 2018
Accepted (ET)
Apr 12, 2018 · 12:49 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 StockF1 | Apr 10, 2018 | M | 150,000 | $6.50 | A | 294,152 | D | |
| Common StockF1,F2 | Apr 10, 2018 | S | 150,000 | $24.36 | D | 144,152 | D | |
| Common StockF1 | Apr 11, 2018 | M | 91,163 | $6.50 | A | 235,315 | D | |
| Common StockF1,F3 | Apr 11, 2018 | S | 91,163 | $23.92 | D | 144,152 | 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,F4 | $6.50 | Apr 10, 2018 | M | 150,000 | D | — | Nov 16, 2019 | Common Stock | 150,000 | 1,703,587 | D |
| Stock Option (right to buy)F1,F4 | $6.50 | Apr 11, 2018 | M | 91,163 | D | — | Nov 16, 2019 | Common Stock | 91,163 | 1,612,424 | D |
| Restricted Stock UnitsF5,F6,F7 | $0.00 | holding | — | — | — | — | — | Common Stock | 79,296 | 79,296 | D |
| Restricted Stock UnitsF5,F8,F7 | $0.00 | holding | — | — | — | — | — | Common Stock | 84,165 | 84,165 | D |
| Restricted Stock UnitsF5,F9,F7 | $0.00 | holding | — | — | — | — | — | Common Stock | 56,005 | 56,005 | D |
| Stock Option (right to buy)F10 | $24.10 | holding | — | — | — | — | Feb 23, 2028 | Common Stock | 185,695 | 185,695 | D |
| Stock Option (right to buy)F11 | $17.27 | holding | — | — | — | — | Feb 24, 2027 | Common Stock | 267,327 | 267,327 | D |
| Stock Option (right to buy)F12 | $17.15 | holding | — | — | — | — | Feb 25, 2026 | Common Stock | 261,122 | 261,122 | D |
| Stock Option (right to buy)F13 | $25.36 | holding | — | — | — | — | Feb 26, 2025 | Common Stock | 220,589 | 220,589 | D |
| Stock Option (right to buy)F4 | $25.32 | holding | — | — | — | — | Feb 27, 2024 | Common Stock | 177,940 | 177,940 | D |
| Stock Option (right to buy)F4 | $10.03 | holding | — | — | — | — | Jul 1, 2021 | Common Stock | 550,000 | 550,000 | 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 March 2, 2018.
- F10These stock options, in the original grant amount of 185,695 will begin vesting in four equal annual installments on February 23, 2019.
- F11These stock options, in the original grant amount of 267,327, began vesting in four equal annual installments on February 24, 2018.
- F12These stock options, in the original grant amount of 261,122, began vesting in four equal annual installments on February 25, 2017.
- F13These stock options, in the original grant amount of 220,589, began vesting in four equal annual installments on February 26, 2016.
- F2Price 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 $24.18 to $24.61. 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.
- 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 $23.73 to $24.26. 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 are fully vested.
- F5Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
- F6These restricted stock units, in the original grant amount of 79,296, will begin vesting in four equal annual installments on February 23, 2019.
- F7This field is not applicable.
- F8These restricted stock units, in the original grant amount of 112,220, began vesting in four equal annual installments on February 24, 2018.
- F9These restricted stock units, in the original grant amount of 112,010, began vesting in four equal annual installments on February 25, 2017.