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

Signature
Christopher L. Green, Attorney-in-Fact for Wyman T. Roberts
Issuer symbol
EAT
Transactions as of
20 Aug 2021
Net transactions value
+$12,995,562
Form type
4
Filing time
20 Sep 2022, 16:52:37 UTC
Previous filing
28 Jun 2021
Next filing
30 Aug 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 $4,630,738 +148,326 +73% $31.22 351,673 20 Aug 2021 Common Stock 148,326 $31.22 Direct F1, F2
transaction EAT Employee Stock Option Right-to-Buy Award $8,364,824 +190,847 $43.83 190,847 20 Aug 2021 Common Stock 190,847 $43.83 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wyman T. 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.