Bloomin' Brands, Inc. 4
4 · Bloomin' Brands, Inc. · Filed Mar 3, 2014
Insider Transaction Report
Form 4
Smith Jeffrey S
EVP&Pres Outback Steakhouse
Transactions
- Award
Stock Option (right to buy)
2014-02-27$25.32/sh+29,157$738,255→ 29,157 totalExercise: $25.32From: 2015-02-27Exp: 2024-02-27→ Common Stock (29,157 underlying)
Holdings
- 274,000
Stock Option (right to buy)
Exercise: $6.50Exp: 2020-04-06→ Common Stock (274,000 underlying) - 29,186
Common Stock
- 43,409
Stock Option (right to buy)
Exercise: $17.40Exp: 2023-02-26→ Common Stock (43,409 underlying)
Footnotes (4)
- [F1]This stock option vests in four equal annual installments beginning on February 27, 2015.
- [F2]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.
- [F3]This option is a replacement stock option and the remaining unvested portion vests in four equal annual installments beginning on October 25, 2010.
- [F4]This stock option vests in four equal annual installments beginning on February 26, 2014.