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

Feb 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bloomin' Brands, Inc. (BLMN)
CIK: 0001546417
Period of Report: 2016-02-11

Reporting Person: Smith Jeffrey S (EVP&Pres Outback Steakhouse)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-11	Common Stock	A	12714	$16.11	Acquired	49487	Direct
2016-02-11	Common Stock	F	3678	$16.11	Disposed	45809	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$6.5	2020-04-06	Common Stock (249000.0)	249000	Direct
Stock Option (right to buy)	$17.4	2023-02-26	Common Stock (43409.0)	43409	Direct
Stock Option (right to buy)	$25.32	2024-02-27	Common Stock (29157.0)	29157	Direct
Stock Option (right to buy)	$25.36	2025-02-26	Common Stock (42280.0)	42280	Direct

Footnotes

F1: Represents shares of common stock acquired upon vesting of certain performance-based share units as a result of achievement of performance goals.

F2: These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain performance-based share units.

F3: Certain of these shares represent restricted stock issued under a Bloomin' Brands, Inc. stock plan and are subject to a risk of forfeiture. Of such shares, 12,500 continue to be subject to forfeiture under that plan as of the date of this filing.

F4: This stock option is a replacement stock option and is fully vested.

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

F6: This stock option vests in four equal annual installments beginning on February 27, 2015.

F7: This stock option vests in four equal annual installments beginning on February 26, 2016.