Bloomin' Brands, Inc. — Director's Dealing 2012

Aug 7, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Bloomin' Brands, Inc. (BLMN)
CIK: 0001546417
Period of Report: 2012-08-07

Reporting Person: Cooper John W (EVP & Pres. of Bonefish Grill)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	100000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$6.50	2020-04-06	Common Stock (254000)		Direct
Stock Option (right to buy)	$6.50	2020-04-06	Common Stock (8542)		Indirect

Footnotes

F1: On April 6, 2010, the reporting person and his wife were granted replacement stock options with an exercise price of $6.50 in exchange for outstanding stock options with an exercise price of $10.00 per share. The original stock options were cancelled. Under the exchange program, the vested portion of the eligible stock options as of the grant date of the replacement stock options were exchanged for stock options that were fully vested. The unvested portion of the exchanged stock options were exchanged for unvested replacement stock options that vest and become exercisable over a period of time that is equal to the remaining vesting period of the exchanged stock options, plus one year, subject to the participant's continued employment through the new vesting date.

F2: This option is a replacement stock option and the remaining unvested portion vests in four equal installments beginning on October 25, 2010.

F3: This option is a replacement stock option and the remaining unvested portion vests in four equal installments beginning on June 14, 2010.