Sec Form 4 Filing - Kappitt Michael @ Bloomin' Brands, Inc. - 2016-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Kappitt Michael
2. Issuer Name and Ticker or Trading Symbol
Bloomin' Brands, Inc. [ BLMN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP & President of Carrabba's
(Last) (First) (Middle)
2202 NORTH WEST SHORE BOULEVARD, SUITE 500
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2016
(Street)
TAMPA, FL33607
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/16/2016 S 10,000 ( 1 ) D $ 19.5 16,286 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 0 03/01/2016 A 25,000 ( 3 ) ( 4 ) Common Stock 25,000 $ 0 25,000 D
Stock Option (right to buy) $ 17.8 03/01/2016 A 50,000 ( 5 ) 03/01/2026 Common Stock 50,000 $ 0 50,000 D
Restricted Stock Units $ 0 ( 6 ) ( 4 ) Common Stock 11,201 11,201 D
Restricted Stock Units $ 0 ( 7 ) ( 4 ) Common Stock 12,500 12,500 D
Stock Option (right to buy) $ 17.15 ( 8 ) 02/25/2026 Common Stock 26,113 26,113 D
Stock Option (right to buy) $ 25.36 ( 9 ) 02/26/2025 Common Stock 15,074 15,074 D
Stock Option (right to buy) $ 25.32 ( 10 ) 02/27/2024 Common Stock 12,490 12,490 D
Stock Option (right to buy) $ 23.87 ( 11 ) 01/02/2024 Common Stock 100,000 100,000 D
Stock Option (right to buy) $ 17.4 ( 12 ) 02/26/2023 Common Stock 10,021 10,021 D
Stock Option (right to buy) $ 10.03 ( 13 ) 07/05/2021 Common Stock 49,227 49,227 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kappitt Michael
2202 NORTH WEST SHORE BOULEVARD
SUITE 500
TAMPA, FL33607
EVP & President of Carrabba's
Signatures
/s/ Kelly Lefferts, as Attorney-in-Fact 08/18/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan.
( 2 )Certain of these shares represent restricted stock issued under a Bloomin' Brands, Inc. stock plan and are subject to risk of forfeiture. Of such shares, 12,500 continue to be subject to forfeiture under the plan.
( 3 )These restricted stock units, in the original grant amount of 25,000, will begin vesting in four equal annual installments on February 12, 2017.
( 4 )This field is not applicable.
( 5 )These stock options, in the original grant amount of 50,000, will begin vesting in four equal annual installments on February 12, 2017.
( 6 )These restricted stock units, in the original grant amount of 11,201, will begin vesting in four equal annual installments on February 25, 2017.
( 7 )These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on January 2, 2015.
( 8 )These stock options, in the original grant amount of 26,113, will begin vesting in four equal annual installments on February 25, 2017.
( 9 )These stock options, in the original grant amount of 15,074, began vesting in four equal annual installments on February 26, 2016.
( 10 )These stock options, in the original grant amount of 12,490, began vesting in four equal annual installments on February 27, 2015.
( 11 )These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on January 2, 2015.
( 12 )These stock options, in the original grant amount of 10,021, began vesting in four equal annual installments on February 26, 2014.
( 13 )These stock options are fully vested.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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