Wyman Roberts - Aug 20, 2021 Form 4 Insider Report for BRINKER INTERNATIONAL, INC (EAT)

Signature
Christopher L. Green, Attorney-in-Fact for Wyman T. Roberts
Stock symbol
EAT
Transactions as of
Aug 20, 2021
Transactions value $
$12,995,562
Form type
4
Date filed
9/20/2022, 04:52 PM
Previous filing
Jun 28, 2021
Next filing
Aug 30, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EAT Employee Stock Option Right-to-Buy Award $4.63M +148K +72.94% $31.22 352K Aug 20, 2021 Common Stock 148K $31.22 Direct F1, F2
transaction EAT Employee Stock Option Right-to-Buy Award $8.36M +191K $43.83 191K Aug 20, 2021 Common Stock 191K $43.83 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wyman Roberts is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Inadvertently filed late due to administrative error.
F2 In fiscal 2018, the Compensation Committee awarded Mr. Roberts performance-based options pursuant to the terms of the Company's Executive Special Equity Award program. The performance criteria for 2021 were met, resulting in the vest of 148,326 options.
F3 In fiscal 2019, the Compensation Committee awarded Mr. Roberts performance-based options pursuant to the terms of the Company's Executive Special Equity Award program. The performance criteria for 2021 were met, resulting in the vest of 190,847 options.