Gregg Scarlett - 17 Feb 2023 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Role
EVP & COO of Casual Dining
Signature
/s/ Kelly Lefferts, Attorney in Fact
Issuer symbol
BLMN
Transactions as of
17 Feb 2023
Net transactions value
-$310,150
Form type
4
Filing time
22 Feb 2023, 18:06:39 UTC
Previous filing
03 Mar 2022
Next filing
24 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 +33,400 +28% $0.000000 152,258 17 Feb 2023 Direct F1
transaction BLMN Common Stock Tax liability $226,462 -8,232 -5.4% $27.51 144,026 17 Feb 2023 Direct F2
transaction BLMN Common Stock Options Exercise $0 +3,762 +2.6% $0.000000 147,788 20 Feb 2023 Direct F3
transaction BLMN Common Stock Tax liability $28,555 -1,038 -0.7% $27.51 146,750 20 Feb 2023 Direct F4
transaction BLMN Common Stock Options Exercise $0 +4,984 +3.4% $0.000000 151,734 21 Feb 2023 Direct F5
transaction BLMN Common Stock Tax liability $55,132 -1,962 -1.3% $28.10 149,772 21 Feb 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 -3,762 -100% $0.000000* 0 20 Feb 2023 Common Stock 3,762 $0.000000 Direct F3, F6, F7
transaction BLMN Restricted Stock Units Options Exercise $0 -4,984 -33% $0.000000 9,970 21 Feb 2023 Common Stock 4,984 $0.000000 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 11,284, 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 14,954, 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.