Elizabeth A. Smith - Feb 22, 2023 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 22, 2023
Transactions value $
-$682,813
Form type
4
Date filed
2/23/2023, 06:34 PM
Previous filing
Jan 30, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $1.11M +64.3K +26.39% $17.27 308K Feb 22, 2023 Direct
transaction BLMN Common Stock Sale -$1.79M -64.3K -20.88% $27.89 244K Feb 22, 2023 Direct F1

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 Stock Option (right to buy) Options Exercise $0 -64.3K -100% $0.00* 0 Feb 22, 2023 Common Stock 64.3K $17.27 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 $27.80 to $28.15. 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.
F2 On February 24, 2017, these stock options were granted in the original amount of 267,327, which vest in four equal annual installments, with a final vesting in 2021.