Sec Form 4 Filing - Kappitt Michael @ Bloomin' Brands, Inc. - 2018-02-26

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)
02/26/2018
(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 02/26/2018 M 1,312 ( 1 ) A $ 0 29,437 D
Common Stock 02/26/2018 F 320 ( 2 ) D $ 24.105 29,117 D
Common Stock 02/27/2018 M 1,268 ( 1 ) A $ 0 30,385 D
Common Stock 02/27/2018 F 309 ( 2 ) D $ 23.74 30,076 D
Common Stock 02/27/2018 S 18,527 D $ 23.751 ( 3 ) 11,549 D
Common Stock 02/28/2018 M 917 A $ 10.03 12,466 D
Common Stock 02/28/2018 S 917 D $ 23.75 11,549 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
Stock Option (right to buy) $ 10.03 02/28/2018 M 917 ( 4 ) 07/05/2021 Common Stock 917 $ 10.03 31,901 D
Restricted Stock Units $ 0 ( 5 ) ( 6 ) ( 7 ) Common Stock 7,930 7,930 D
Restricted Stock Units $ 0 ( 5 ) ( 8 ) ( 7 ) Common Stock 8,417 8,417 D
Restricted Stock Units $ 0 ( 5 ) ( 9 ) ( 7 ) Common Stock 5,601 5,601 D
Restricted Stock Units $ 0 ( 5 ) ( 10 ) ( 7 ) Common Stock 12,500 12,500 D
Stock Option (right to buy) $ 24.1 ( 11 ) 02/23/2028 Common Stock 18,570 18,570 D
Stock Option (right to buy) $ 17.27 ( 12 ) 02/24/2027 Common Stock 26,733 26,733 D
Stock Option (right to buy) $ 17.15 ( 13 ) 02/25/2026 Common Stock 26,113 26,113 D
Stock Option (right to buy) $ 17.8 ( 14 ) 03/01/2026 Common Stock 50,000 50,000 D
Stock Option (right to buy) $ 25.36 ( 15 ) 02/26/2025 Common Stock 15,074 15,074 D
Stock Option (right to buy) $ 25.32 ( 4 ) 02/27/2024 Common Stock 12,490 12,490 D
Stock Option (right to buy) $ 23.87 ( 4 ) 01/02/2024 Common Stock 100,000 100,000 D
Stock Option (right to buy) $ 17.4 ( 4 ) 02/26/2023 Common Stock 10,021 10,021 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 02/28/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares of common stock acquired upon vesting of certain performance-based share units as a result of achievement of performance goals.
( 2 )These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain performance-based share units.
( 3 )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 $23.750 to $23.760. 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.
( 4 )These stock options are fully vested.
( 5 )Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
( 6 )These restricted stock units, in the original grant amount of 7,930, will begin vesting in four equal annual installments on February 23, 2019.
( 7 )This field is not applicable.
( 8 )These restricted stock units, in the original grant amount of 11,222, began vesting in four equal annual installments on February 24, 2018.
( 9 )These restricted stock units, in the original grant amount of 11,201, began vesting in four equal annual installments on February 25, 2017.
( 10 )These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on February 12, 2017.
( 11 )These stock options, in the original grant amount of 18,570, will begin vesting in four equal annual installments beginning on February 23, 2019.
( 12 )These stock options, in the original grant amount of 26,733, began vesting in four equal annual installments on February 24, 2018.
( 13 )These stock options, in the original grant amount of 26,113, began vesting in four equal annual installments on February 25, 2017.
( 14 )These stock options, in the original grant amount of 50,000, began vesting in four equal annual installments on February 12, 2017.
( 15 )These stock options, in the original grant amount of 15,074, began vesting in four equal annual installments on February 26, 2016.

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