Kelly Lefferts - Jun 1, 2022 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Signature
/s/ Kelly Lefferts
Stock symbol
BLMN
Transactions as of
Jun 1, 2022
Transactions value $
-$277,876
Form type
4
Date filed
6/3/2022, 05:15 PM
Previous filing
Feb 23, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $0 +13.3K +36.41% $0.00 50K Jun 1, 2022 Direct
transaction BLMN Common Stock Tax liability -$110K -5.25K -10.5% $20.87 44.7K Jun 1, 2022 Direct F1
transaction BLMN Common Stock Sale -$168K -8.09K -18.09% $20.82 36.6K Jun 2, 2022 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 -100% $0.00* 0 Jun 1, 2022 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 of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs.
F2 This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan that was entered into on February 28, 2022.
F3 Each restricted stock unit ("RSU") 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 RSUs 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.