GANNON JOHN TIMOTHY 4
4 · OUTBACK STEAKHOUSE INC · Filed Nov 7, 2003
Insider Transaction Report
Form 4
GANNON JOHN TIMOTHY
DirectorSr. Vice President10% Owner
Transactions
- Other
Common Stock, par value $01
2003-11-05−314,017→ 60,983 total - Other
Forward Sale Contract (right to sell)
2003-11-05−1→ 0 totalFrom: 2003-11-05Exp: 2003-11-05→ Common Stock (350,000 underlying)
Holdings
- 7,304,975(indirect: See)
Common Stock, par value $.01
Footnotes (2)
- [F1]Owned by Multi-Venture Partners, Ltd., a Nevada limited partnership ("MVP"), of which Mr. Gannon is a Limited Partner.
- [F2]On November 5, 2001, the reporting person entered into a pre-paid forward sales contract pursuant to which he was obligated to deliver up to 350,000 shares of common stock or an amount in cash equal to the value of common stock to be delivered pursuant to the terms of the contract . Upon the termination date of the forward sales contract, November 5, 2003, the reporting person delivered 314,017 shares of common stock, based on the closing price of the common stock on November 5, 2003, of $42.40, pursuant to the terms of the contract and retained 35,983 shares.