Bloomin' Brands, Inc. — Director's Dealing 2018

May 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bloomin' Brands, Inc. (BLMN)
CIK: 0001546417
Period of Report: 2018-05-01

Reporting Person: SMITH ELIZABETH A (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-01	Common Stock	M	100000	$6.50	Acquired	244152	Direct
2018-05-01	Common Stock	S	100000	$24.47	Disposed	144152	Direct
2018-05-02	Common Stock	M	150000	$6.50	Acquired	294152	Direct
2018-05-02	Common Stock	S	150000	$24.69	Disposed	144152	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-01	Stock Option (right to buy)	$6.5	M	100000	Disposed	2019-11-16	Common Stock (100000.0)	Direct
2018-05-02	Stock Option (right to buy)	$6.5	M	150000	Disposed	2019-11-16	Common Stock (150000.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0.0		Common Stock (79296.0)	79296	Direct
Restricted Stock Units	$0.0		Common Stock (84165.0)	84165	Direct
Restricted Stock Units	$0.0		Common Stock (56005.0)	56005	Direct
Stock Option (right to buy)	$24.1	2028-02-23	Common Stock (185695.0)	185695	Direct
Stock Option (right to buy)	$17.27	2027-02-24	Common Stock (267327.0)	267327	Direct
Stock Option (right to buy)	$17.15	2026-02-25	Common Stock (261122.0)	261122	Direct
Stock Option (right to buy)	$25.36	2025-02-26	Common Stock (220589.0)	220589	Direct
Stock Option (right to buy)	$25.32	2024-02-27	Common Stock (177940.0)	177940	Direct
Stock Option (right to buy)	$10.03	2021-07-01	Common Stock (550000.0)	550000	Direct

Footnotes

F1: Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $24.24 to $24.74. 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.

F2: Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $24.41 to $24.90. 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: These stock options are fully vested.

F4: Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.

F5: These restricted stock units, in the original grant amount of 79,296, will begin vesting in four equal annual installments on February 23, 2019.

F6: This field is not applicable.

F7: These restricted stock units, in the original grant amount of 112,220, began vesting in four equal annual installments on February 24, 2018.

F8: These restricted stock units, in the original grant amount of 112,010, began vesting in four equal annual installments on February 25, 2017.

F9: These stock options, in the original grant amount of 185,695 will begin vesting in four equal annual installments on February 23, 2019.

F10: These stock options, in the original grant amount of 267,327, began vesting in four equal annual installments on February 24, 2018.

F11: These stock options, in the original grant amount of 261,122, began vesting in four equal annual installments beginning on February 25, 2017.

F12: These stock options, in the original grant amount of 220,589, began vesting in four equal annual installments on February 26, 2016.