Kelly Lefferts - 22 Feb 2023 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Signature
/s/ Kelly Lefferts
Issuer symbol
BLMN
Transactions as of
22 Feb 2023
Transactions value $
-$16,859
Form type
4
Filing time
24 Feb 2023, 16:51:02
Previous filing
22 Feb 2023
Next filing
23 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $0 +2.35K +3.78% $0.00 64.6K 22 Feb 2023 Direct F1
transaction BLMN Common Stock Tax liability -$16.9K -597 -0.92% $28.24 64K 22 Feb 2023 Direct 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 BLMN Restricted Stock Units Options Exercise $0 -2.35K -50% $0.00 2.35K 22 Feb 2023 Common Stock 2.35K $0.00 Direct F1, F3, F4
transaction BLMN Restricted Stock Units Award $0 +7.19K $0.00 7.19K 22 Feb 2023 Common Stock 7.19K $0.00 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 22, 2021, these restricted stock units ("RSUs") were granted in the original amount of 7,052, which vest in three equal annual installments, with a final vesting in 2024.
F2 These shares of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain RSUs.
F3 Each RSU represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
F4 This field is not applicable.
F5 On February 22, 2023, these RSUs were granted in the original amount of 7,187, which vest in three equal annual installments, with a final vesting in 2026.