Kelly Lefferts - Jun 1, 2021 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Signature
/s/ Kelly Lefferts
Stock symbol
BLMN
Transactions as of
Jun 1, 2021
Transactions value $
-$389,456
Form type
4
Date filed
6/3/2021, 05:53 PM
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $0 +13.3K +47.24% $0.00 41.6K Jun 1, 2021 Direct
transaction BLMN Common Stock Tax liability -$131K -4.49K -10.8% $29.19 37.1K Jun 1, 2021 Direct F1
transaction BLMN Common Stock Sale -$258K -8.84K -23.86% $29.22 28.2K Jun 2, 2021 Direct F2

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 BLMN Restricted Stock Units Options Exercise $0 -13.3K -50% $0.00 13.3K Jun 1, 2021 Common Stock 13.3K $0.00 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain resticted stock units.
F2 Price 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 $28.87 to $29.44. 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.
F3 Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
F4 On June 1, 2019, these restricted stock units were granted in the original amount of 40,000, which vest in three equal annual installments, with a final vesting in 2022.
F5 This field is not applicable.