Elizabeth A. Smith - Feb 23, 2022 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Role
Director
Signature
/s/ Kelly Lefferts, Attorney in Fact
Stock symbol
BLMN
Transactions as of
Feb 23, 2022
Transactions value $
-$4,949,848
Form type
4
Date filed
2/25/2022, 05:46 PM
Previous filing
Jun 22, 2021
Next filing
Apr 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $0 +19.8K +3.18% $0.00 643K Feb 23, 2022 Direct F1
transaction BLMN Common Stock Tax liability -$123K -5.13K -0.8% $23.98 638K Feb 23, 2022 Direct F2
transaction BLMN Common Stock Sale -$4.61M -191K -29.94% $24.14 447K Feb 23, 2022 Direct F3
transaction BLMN Common Stock Sale -$213K -8.87K -1.98% $24.00 438K Feb 24, 2022 Direct

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 -19.8K -100% $0.00* 0 Feb 23, 2022 Common Stock 19.8K $0.00 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were acquired upon the vesting and settlement of certain restricted stock units.
F2 These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock units.
F3 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 $24.00 to $24.77. 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.
F4 Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
F5 On February 23, 2018, these restricted stock units were granted in the original amount of 79,296, which vest in four equal annual installments, with a final vesting in 2022.
F6 This field is not applicable.