Kelly Lefferts - 01 Jun 2022 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Role
EVP, Chief Legal Officer
Signature
/s/ Kelly Lefferts
Issuer symbol
BLMN
Transactions as of
01 Jun 2022
Net transactions value
-$277,876
Form type
4
Filing time
03 Jun 2022, 17:15:03 UTC
Previous filing
23 Feb 2022
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $0 +13,334 +36% $0.000000 49,960 01 Jun 2022 Direct
transaction BLMN Common Stock Tax liability $109,505 -5,247 -11% $20.87 44,713 01 Jun 2022 Direct F1
transaction BLMN Common Stock Sale $168,371 -8,087 -18% $20.82 36,626 02 Jun 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 -13,334 -100% $0.000000* 0 01 Jun 2022 Common Stock 13,334 $0.000000 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.