Douglas N. Comings - 11 Dec 2023 Form 4 Insider Report for BRINKER INTERNATIONAL, INC (EAT)

Signature
Christopher L. Green, Attorney-in-Fact for Douglas N. Comings
Issuer symbol
EAT
Transactions as of
11 Dec 2023
Net transactions value
-$609,403
Form type
4
Filing time
13 Dec 2023, 16:22:10 UTC
Previous filing
05 Sep 2023
Next filing
14 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAT Common Stock Options Exercise $466,770 +14,951 +40% $31.22 52,555 11 Dec 2023 Direct
transaction EAT Common Stock Sale $609,403 -14,951 -28% $40.76 37,604 11 Dec 2023 Direct F1
holding EAT Common Stock 1,827 11 Dec 2023 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 $466,770 -14,951 -100% $31.22 0 11 Dec 2023 Common Stock 14,951 $31.22 Direct
* 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 $40.72 to $40.83, 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 held in the Brinker Common Stock Fund under the Brinker International, Inc. 401(k) Savings Plan as of December 12, 2023.