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

Role
CEO, Director
Signature
/s/ Kelly Lefferts, Attorney in Fact
Stock symbol
BLMN
Transactions as of
Feb 27, 2024
Transactions value $
-$42,124
Form type
4
Date filed
2/29/2024, 05:48 PM
Previous filing
Feb 23, 2024
Next filing
Apr 12, 2024

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 Feb 27, 2024 Direct F1
transaction BLMN Common Stock Tax liability -$1.53M -56.4K -7.36% $27.14 710K Feb 27, 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 Feb 27, 2024 Common Stock 58.8K $25.32 Direct F1, F2
transaction BLMN Restricted Stock Units Award $0 +65.4K $0.00 65.4K Feb 28, 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.