David J. Deno - Feb 17, 2023 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Signature
/s/ Kelly Lefferts, Attorney in Fact
Stock symbol
BLMN
Transactions as of
Feb 17, 2023
Transactions value $
-$2,155,539
Form type
4
Date filed
2/22/2023, 06:04 PM
Previous filing
Nov 16, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $0 +172K +44.68% $0.00 556K Feb 17, 2023 Direct F1
transaction BLMN Common Stock Tax liability -$1.71M -62.1K -11.17% $27.51 494K Feb 17, 2023 Direct F2
transaction BLMN Common Stock Options Exercise $0 +19.3K +3.92% $0.00 513K Feb 20, 2023 Direct F3
transaction BLMN Common Stock Tax liability -$209K -7.61K -1.48% $27.51 506K Feb 20, 2023 Direct F4
transaction BLMN Common Stock Options Exercise $0 +21.4K +4.23% $0.00 527K Feb 21, 2023 Direct F5
transaction BLMN Common Stock Tax liability -$237K -8.43K -1.6% $28.10 519K Feb 21, 2023 Direct F4

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 -19.3K -100% $0.00* 0 Feb 20, 2023 Common Stock 19.3K $0.00 Direct F3, F6, F7
transaction BLMN Restricted Stock Units Options Exercise $0 -21.4K -33.33% $0.00 42.8K Feb 21, 2023 Common Stock 21.4K $0.00 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired upon vesting of certain performance-based share units as a result of achievement of performance goals.
F2 These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain performance-based share units.
F3 On February 20, 2020, these RSUs were granted in the original amount of 58,028, which vest in three equal annual installments, with a final vesting in 2023.
F4 These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs.
F5 On February 21, 2022, these RSUs were granted in the original amount of 64,245, which vest in three equal annual installments, with a final vesting in 2025.
F6 Each restricted stock unit ("RSU") represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
F7 This field is not applicable.