4//SEC Filing
Bloomin' Brands, Inc. 4
Accession 0001546417-13-000101
$BLMNCIK 0001546417operating
Filed
Oct 29, 8:00 PM ET
Accepted
Oct 30, 11:10 AM ET
Size
12.5 KB
Accession
0001546417-13-000101
Insider Transaction Report
Form 4
Shlemon Steven T
EVP & President of Carrabba's
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2013-10-29−50,000→ 204,000 totalExercise: $6.50Exp: 2020-04-06→ Common Stock (50,000 underlying) - Sale
Common Stock
2013-10-29$25.00/sh−50,000$1,250,000→ 432,774 total - Exercise/Conversion
Common Stock
2013-10-29$6.50/sh+50,000$325,000→ 482,774 total
Holdings
- 6,617(indirect: As Custodian for son under the Florida Uniform Transfers to Minors Act)
Common Stock
- 1,400(indirect: By Spouse)
Common Stock
- 27,206
Stock Option (right to buy)
Exercise: $17.40From: 2014-02-26Exp: 2023-02-26→ Common Stock (27,206 underlying)
Footnotes (5)
- [F1]This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan.
- [F2]These shares are held by the reporting person as custodian for his minor son under the Florida Uniform Transfers to Minors Act. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- [F3]On April 6, 2010, the reporting person was granted a replacement stock option with an exercise price of $6.50 in exchange for an outstanding stock option with an exercise price of $10.00 per share. The original stock option was cancelled. Under the exchange program, the vested portion of the eligible stock options as of the grant date of the replacement stock options were exchanged for stock options that were fully vested. The unvested portion of the exchanged stock options were exchanged for unvested replacement stock options that vest and become exercisable over a period of time that is equal to the remaining vesting period of the exchanged stock options, plus one year, subject to the participant's continued employment through the new vesting date.
- [F4]This option is a replacement stock option and the remaining unvested portion vests in four equal installments beginning on October 25, 2010.
- [F5]Twenty-five percent (25%) of these options become exercisable on the first, second, third and fourth anniversaries of the date granted.
Documents
Issuer
Bloomin' Brands, Inc.
CIK 0001546417
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001546417
Filing Metadata
- Form type
- 4
- Filed
- Oct 29, 8:00 PM ET
- Accepted
- Oct 30, 11:10 AM ET
- Size
- 12.5 KB