Sec Form 4 Filing - Scarlett Gregg @ Bloomin' Brands, Inc. - 2018-03-29

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Scarlett Gregg
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&Pres. Outback Steakhouse
(Last) (First) (Middle)
2202 N. WEST SHORE BLVD.
3. Date of Earliest Transaction (MM/DD/YY)
03/29/2018
(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 03/29/2018 M 42,056 ( 1 ) A $ 17.8 46,595 D
Common Stock 03/29/2018 S 45,846 ( 1 ) D $ 24.23 ( 2 ) 749 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) $ 17.8 03/29/2018 M 42,056 ( 1 ) ( 3 ) 03/01/2026 Common Stock 42,056 $ 0 0 D
Restricted Stock Units $ 0 ( 4 ) ( 5 ) ( 6 ) Common Stock 15,789 15,789 D
Restricted Stock Units $ 0 ( 4 ) ( 7 ) ( 6 ) Common Stock 15,150 15,150 D
Restricted Stock Units $ 0 ( 4 ) ( 8 ) ( 6 ) Common Stock 18,750 18,750 D
Restricted Stock Units $ 0 ( 4 ) ( 9 ) ( 6 ) Common Stock 7,281 7,281 D
Restricted Stock Units $ 0 ( 4 ) ( 10 ) ( 6 ) Common Stock 6,250 6,250 D
Stock Option (right to buy) $ 24.1 ( 11 ) 02/23/2028 Common Stock 36,974 36,974 D
Stock Option (right to buy) $ 17.27 ( 12 ) 02/24/2027 Common Stock 36,090 36,090 D
Stock Option (right to buy) $ 17.96 ( 13 ) 08/01/2026 Common Stock 100,000 100,000 D
Stock Option (right to buy) $ 17.15 ( 14 ) 02/25/2026 Common Stock 16,973 16,973 D
Stock Option (right to buy) $ 24.14 ( 15 ) 04/01/2025 Common Stock 100,000 100,000 D
Stock Option (right to buy) $ 25.36 ( 16 ) 02/26/2025 Common Stock 14,706 14,706 D
Stock Option (right to buy) $ 25.32 ( 3 ) 02/27/2024 Common Stock 12,166 12,166 D
Stock Option (right to buy) $ 18.73 ( 3 ) 02/01/2023 Common Stock 75,000 75,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Scarlett Gregg
2202 N. WEST SHORE BLVD.
TAMPA, FL33607
EVP&Pres. Outback Steakhouse
Signatures
/s/ Kelly Lefferts, as Attorney-in-Fact 04/02/2018
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 that was entered into on February 26, 2018.
( 2 )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 $24.070 to $24.430. 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.
( 3 )These stock options are fully vested.
( 4 )Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.
( 5 )These restricted stock units, in the original grant amount of 15,789, will begin vesting in four equal annual installments on February 23, 2019.
( 6 )This field is not applicable.
( 7 )These restricted stock units, in the original grant amount of 20,200, began vesting in four equal annual installments on February 24, 2018.
( 8 )These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on August 1, 2017.
( 9 )These restricted stock units, in the original grant amount of 14,562, 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 March 12, 2016.
( 11 )These stock options, in the original grant amount of 36,974 will begin vesting in four equal annual installments on February 23, 2019.
( 12 )These stock options, in the original grant amount of 48,119, began vesting in four equal annual installments on February 24, 2018.
( 13 )These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on August 1, 2017.
( 14 )These stock options, in the original grant amount of 33,946, began vesting in four equal annual installments on February 25, 2017.
( 15 )These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on March 12, 2016.
( 16 )These stock options, in the original grant amount of 14,706, began vesting in four equal annual installments on February 26, 2016.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.