SEC Form 4 · accession 0001546417-18-000111
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
Jun 19, 2018
Accepted (ET)
Jun 21, 2018 · 6:08 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 | Jun 19, 2018 | M | 100,000 | $6.50 | A | 244,152 | D | |
| Common StockF1,F2 | Jun 19, 2018 | S | 100,000 | $22.38 | D | 144,152 | D | |
| Common StockF1 | Jun 20, 2018 | M | 100,000 | $6.50 | A | 244,152 | D | |
| Common StockF1,F3 | Jun 20, 2018 | S | 100,000 | $22.09 | D | 144,152 | D | |
| Common StockF1 | Jun 21, 2018 | M | 100,000 | $6.50 | A | 244,152 | D | |
| Common StockF1,F4 | Jun 21, 2018 | S | 100,000 | $22.77 | 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,F5 | $6.50 | Jun 19, 2018 | M | 100,000 | D | — | Nov 16, 2019 | Common Stock | 100,000 | 1,062,424 | D |
| Stock Option (right to buy)F1,F5 | $6.50 | Jun 20, 2018 | M | 100,000 | D | — | Nov 16, 2019 | Common Stock | 100,000 | 962,424 | D |
| Stock Option (right to buy)F1,F5 | $6.50 | Jun 21, 2018 | M | 100,000 | D | — | Nov 16, 2019 | Common Stock | 100,000 | 862,424 | D |
| Restricted Stock UnitsF6,F7,F8 | $0.00 | holding | — | — | — | — | — | Common Stock | 79,296 | 79,296 | D |
| Restricted Stock UnitsF6,F9,F8 | $0.00 | holding | — | — | — | — | — | Common Stock | 84,165 | 84,165 | D |
| Restricted Stock UnitsF6,F10,F8 | $0.00 | holding | — | — | — | — | — | Common Stock | 56,005 | 56,005 | D |
| Stock Option (right to buy)F11 | $24.10 | holding | — | — | — | — | Feb 23, 2028 | Common Stock | 185,695 | 185,695 | D |
| Stock Option (right to buy)F12 | $17.27 | holding | — | — | — | — | Feb 24, 2027 | Common Stock | 267,327 | 267,327 | D |
| Stock Option (right to buy)F13 | $17.15 | holding | — | — | — | — | Feb 25, 2026 | Common Stock | 261,122 | 261,122 | D |
| Stock Option (right to buy)F14 | $25.36 | holding | — | — | — | — | Feb 26, 2025 | Common Stock | 220,589 | 220,589 | D |
| Stock Option (right to buy)F5 | $25.32 | holding | — | — | — | — | Feb 27, 2024 | Common Stock | 177,940 | 177,940 | D |
| Stock Option (right to buy)F5 | $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 May 11, 2018.
- F10These restricted stock units, in the original grant amount of 112,010, began vesting in four equal annual installments on February 25, 2017.
- F11These stock options, in the original grant amount of 185,695 will begin vesting in four equal annual installments on February 23, 2019.
- F12These stock options, in the original grant amount of 267,327, began vesting in four equal annual installments on February 24, 2018.
- F13These stock options, in the original grant amount of 261,122, began vesting in four equal annual installments on February 25, 2017.
- F14These 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 $22.24 to $22.87. 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 $22.00 to $22.46. 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.
- 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 $22.54 to $23.12. 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 are fully vested.
- F6Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
- F7These restricted stock units, in the original grant amount of 79,296, will begin vesting in four equal annual installments on February 23, 2019.
- F8This field is not applicable.
- F9These restricted stock units, in the original grant amount of 112,220, began vesting in four equal annual installments on February 24, 2018.