SEC Form 4 · accession 0001209191-15-017741
BRINKER INTERNATIONAL, INC · EAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelli Valade
Officer — EVP & COO Chili's Grill & Bar
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000703351
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2015 | M | 11,000 | $19.12 | A | 52,991 | D | |
| Common Stock | Feb 20, 2015 | M | 5,000 | $28.30 | A | 57,991 | D | |
| Common StockF1 | Feb 20, 2015 | S | 9,156 | $62.37 | D | 48,835 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option Right-to-BuyF2 | $19.12 | Feb 20, 2015 | M | 11,000 | D | Aug 28, 2009 | Aug 28, 2016 | Common Stock | 11,000 | 0 | D |
| Employee Stock Option Right-to-BuyF2 | $28.30 | Feb 20, 2015 | M | 5,000 | D | Aug 30, 2008 | Aug 30, 2015 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.300 to $62.438, inclusive. The reporting person undertakes to provide to Brinker International, any security holder of Brinker International or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2Options vest in installments on or after the date shown.