Douglas N. Comings - 05 Jun 2024 Form 4 Insider Report for BRINKER INTERNATIONAL, INC (EAT)

Signature
/s/ Christopher L. Green, as Attorney-in-Fact
Issuer symbol
EAT
Transactions as of
05 Jun 2024
Net transactions value
-$215,480
Form type
4
Filing time
06 Jun 2024, 16:16:01 UTC
Previous filing
30 May 2024
Next filing
20 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAT Common Stock Options Exercise $160,436 +2,953 +7.7% $54.33 41,117 05 Jun 2024 Direct
transaction EAT Common Stock Sale $215,480 -2,953 -7.2% $72.97 38,164 05 Jun 2024 Direct F1
holding EAT Common Stock 1,871 05 Jun 2024 By 401(k) Plan 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 EAT Employee Stock Option Right-to-Buy Options Exercise $160,436 -2,953 -100% $54.33 0 05 Jun 2024 Common Stock 2,953 $54.33 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.96 to $73.00, inclusive. The reporting person undertakes to provide to Brinker International, any security holder of Brinker International or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 Reflects the number of units in the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Plan, as of May 30, 2024.
F3 Options vest in installments on or after the date shown.