Gregg Scarlett - Mar 2, 2023 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Signature
/s/ Kelly Lefferts, Attorney in Fact
Stock symbol
BLMN
Transactions as of
Mar 2, 2023
Transactions value $
-$730,964
Form type
4
Date filed
3/6/2023, 04:26 PM
Previous filing
Feb 24, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $0 +51.8K +33.93% $0.00 204K Mar 2, 2023 Direct F1
transaction BLMN Common Stock Tax liability -$553K -20.4K -9.97% $27.13 184K Mar 2, 2023 Direct F2
transaction BLMN Common Stock Options Exercise $0 +16.7K +9.05% $0.00 201K Mar 2, 2023 Direct F3
transaction BLMN Common Stock Tax liability -$178K -6.56K -3.27% $27.13 194K Mar 2, 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 -16.7K -100% $0.00* 0 Mar 2, 2023 Common Stock 16.7K $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 These shares of common stock were acquired upon the vesting and settlement of certain restricted stock units ("RSUs").
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 Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
F6 On March 2, 2020, these RSUs were granted in the original amount of 50,000, which vest in three equal annual installments, with a final vesting in 2023.
F7 This field is not applicable.