SEC Form 4 · accession 0001209191-17-009985
BRINKER INTERNATIONAL, INC · EAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelli Valade
Officer — EVP & President of Chili's
Period of report
Feb 10, 2017
Accepted (ET)
Feb 13, 2017 · 4:19 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 10, 2017 | M | 10,500 | $14.79 | A | 65,919 | D | |
| Common StockF1 | Feb 10, 2017 | S | 10,500 | $45.81 | D | 57,830 | 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 | $14.79 | Feb 10, 2017 | M | 10,500 | D | Aug 27, 2010 | Aug 27, 2017 | Common Stock | 10,500 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $45.70 to $45.87, 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.