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Bloomin' Brands, Inc. — Director's Dealing 2014
Feb 12, 2014
32623_dirs_2014-02-12_70412586-2e18-4e1c-a9b1-044403b01cf6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Bloomin' Brands, Inc. (BLMN)
CIK: 0001546417
Period of Report: 2014-02-10
Reporting Person: KADOW JOSEPH JOHN (EVP, Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-10 | Common Stock | A | 4094 | — | Acquired | 309969 | Direct |
| 2014-02-10 | Common Stock | F | 1247 | $22.77 | Disposed | 308722 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $6.5 | 2020-04-06 | Common Stock (319810.0) | 319810 | Direct |
| Stock Option (right to buy) | $10.03 | 2021-12-09 | Common Stock (134250.0) | 134250 | Direct |
| Stock Option (right to buy) | $17.4 | 2023-02-26 | Common Stock (30229.0) | 30229 | Direct |
Footnotes
F1: Represents the number of shares of common stock vested in connection with achievement of performance goals pursuant to a Performance Award Agreement dated February 26, 2013.
F2: These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting.
F3: On April 6, 2010, the reporting person was granted a replacement stock option with an exercise price of $6.50 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.
F4: This option is a replacement stock option and the remaining unvested portion vests in four equal installments beginning on June 14, 2010.
F5: This option vests in five equal annual installments beginning on December 9, 2012.
F6: This option vests in four equal annual installments beginning on February 26, 2014.