Bloomin' Brands, Inc. — Director's Dealing 2013

Sep 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bloomin' Brands, Inc. (BLMN)
CIK: 0001546417
Period of Report: 2013-09-03

Reporting Person: Shaw Amanda Link (SVP-Tech & Chief Accounting Of)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-03	Stock Option (right to buy)	$22.76	A	50000	Acquired	2023-08-07	Common Stock (50000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15615	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$6.5	2017-07-31	Common Stock (23917.0)	23917	Direct
Stock Option (right to buy)	$10.03	2021-12-16	Common Stock (20000.0)	20000	Direct
Stock Option (right to buy)	$17.4	2023-02-26	Common Stock (9068.0)	9068	Direct

Footnotes

F1: Certain of these shares represent restricted stock issued under a Bloomin' Brands, Inc. stock plan. Of such shares, 7,500 continue to be subject to forfeiture under that plan as of the date of this filing.

F2: On April 6, 2010, Ms. Shaw was granted a replacement stock option with an exercise price of $6.50 per share in exchange for an outstanding stock option with an exercise price of $10.00 per share. The original stock option was 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.

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

F4: This stock option vests in five equal annual installments beginning on December 16, 2012.

F5: This stock option vests in four equal annual installments beginning on February 26, 2014.

F6: Twenty-five percent (25%) of these options become exercisable on the first, second, third and fourth anniversaries of the date granted.