David J. Deno - 27 Feb 2024 Form 4 Insider Report for Bloomin' Brands, Inc. (BLMN)

Role
CEO, Director
Signature
/s/ Kelly Lefferts, Attorney in Fact
Issuer symbol
BLMN
Transactions as of
27 Feb 2024
Transactions value $
-$42,124
Form type
4
Filing time
29 Feb 2024, 17:48:55 UTC
Previous filing
23 Feb 2024
Next filing
12 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLMN Common Stock Options Exercise $1.49M +58.8K +8.31% $25.32 766K 27 Feb 2024 Direct F1
transaction BLMN Common Stock Tax liability -$1.53M -56.4K -7.36% $27.14 710K 27 Feb 2024 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 -58.8K -100% $0.00* 0 27 Feb 2024 Common Stock 58.8K $25.32 Direct F1, F2
transaction BLMN Restricted Stock Units Award $0 +65.4K $0.00 65.4K 28 Feb 2024 Common Stock 65.4K $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 Relates to cashless exercise and hold transaction in connection with stock options that were expiring.
F2 On February 27, 2014, these stock options were granted in the original amount of 58,880, which vest in four equal annual installments, with a final vesting in 2018.
F3 Each restricted stock unit ("RSU") represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
F4 On February 28, 2024, these RSUs were granted in the original amount of 65,386, which vest in three equal annual installments, with a final vesting in 2027.
F5 This field is not applicable.