Bloomin' Brands, Inc. — Director's Dealing 2016

Aug 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bloomin' Brands, Inc. (BLMN)
CIK: 0001546417
Period of Report: 2016-08-12

Reporting Person: SULLIVAN CHRIS THOMAS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-12	Common Stock	S	115973	$19.0186	Disposed	982676	Indirect
2016-08-15	Common Stock	S	17027	$19.061	Disposed	965649	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	399296	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (5978.0)	5978	Direct

Footnotes

F1: This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan.

F2: Price reflected is the weighted-average sale price for the shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $19.00 to $19.06. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.

F3: Represents shares of common stock owned by CTS Equities, Limited Partnership, an investment partnership ("CTSLP"). Mr. Sullivan is a limited partner of CTSLP and the sole member of CTS Equities, LLC, which is the sole general partner of CTSLP.

F4: Price reflected is the weighted-average sale price for the shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $19.00 to $19.12. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.

F5: Represents shares of Bloomin' Brands, Inc. common stock held by a charitable foundation for which Mr. Sullivan serves as trustee.

F6: Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.

F7: These restricted stock units, in the original grant amount of 5,978, will begin vesting in three equal annual installments immediately prior to the issuer's annual meeting of stockholders each year beginning with the issuer's annual meeting of stockholders in 2017.

F8: This field is not applicable.