Bloomin' Brands Form 4 / SUKHDEV SINGH ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SINGH SUKHDEV

(Last)

(First)

(Middle)

2202 NORTH WEST SHORE BOULEVARD

SUITE 500

(Street)

TAMPA

33607

(City)

(State)

(Zip)

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 & CDO

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/22/2019		M		8,884⁽¹⁾	A	$0	39,506	D
Common Stock	02/22/2019		F		2,189⁽²⁾	D	$21.97	37,317	D
Common Stock	02/22/2019		M		2,202⁽¹⁾	A	$0	39,519	D
Common Stock	02/22/2019		F		653⁽²⁾	D	$21.97	38,866	D
Common Stock	02/25/2019		M		5,709⁽³⁾	A	$0	44,575	D
Common Stock	02/25/2019		F		1,482⁽⁴⁾	D	$21.94	43,093	D
Common Stock	02/25/2019		M		3,547⁽¹⁾	A	$0	46,640	D
Common Stock	02/25/2019		F		864⁽²⁾	D	$21.94	45,776	D
Common Stock	02/26/2019		M		3,031⁽³⁾	A	$0	48,807	D
Common Stock	02/26/2019		F		739⁽⁴⁾	D	$21.61	48,068	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0.0⁽⁵⁾	02/22/2019		M			8,884⁽⁶⁾	⁽⁷⁾	⁽⁸⁾	Common Stock	8,884	$0	17,769	D
Restricted Stock Units	$0.0⁽⁵⁾	02/22/2019		M			2,202⁽⁶⁾	⁽⁹⁾	⁽⁸⁾	Common Stock	2,202	$0	6,609	D
Restricted Stock Units	$0.0⁽⁵⁾	02/25/2019		M			3,547⁽⁶⁾	⁽¹⁰⁾	⁽⁸⁾	Common Stock	3,547	$0	3,547	D
Restricted Stock Units	$0.0⁽⁵⁾							⁽¹¹⁾	⁽⁸⁾	Common Stock	11,923		11,923	D
Restricted Stock Units	$0.0⁽⁵⁾							⁽¹²⁾	⁽⁸⁾	Common Stock	7,500		7,500	D
Stock Option (right to buy)	$21.29							⁽¹³⁾	02/19/2019	Common Stock	30,982		30,982	D
Stock Option (right to buy)	$24.1							⁽¹⁴⁾	02/23/2028	Common Stock	20,633		20,633	D
Stock Option (right to buy)	$17.27							⁽¹⁵⁾	02/24/2027	Common Stock	84,654		84,654	D
Stock Option (right to buy)	$17.15							⁽¹⁶⁾	02/25/2026	Common Stock	33,076		33,076	D
Stock Option (right to buy)	$25.36							⁽¹⁷⁾	02/26/2025	Common Stock	16,545		16,545	D
Stock Option (right to buy)	$17.8							⁽¹⁸⁾	03/01/2026	Common Stock	44,393		44,393	D
Stock Option (right to buy)	$22.09							⁽¹⁸⁾	02/03/2024	Common Stock	200,000		200,000	D

Explanation of Responses:

1. These shares of common stock were acquired upon the vesting and settlement of certain restricted stock units.

2. These common shares were delivered to the issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock units.

3. Represents shares of common stock acquired upon vesting of certain performance-based share units as a result of achievement of performance goals.

4. These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain performance-based share units.

5. Each restricted stock unit represents the contingent right to receive one share of common stock of the issuer upon vesting of the unit.

6. These restricted stock units were surrendered in exchange for shares of common stock of the issuer.

7. These restricted stock units, in the original grant amount of 35,537, began vesting in four equal annual installments on February 24, 2018.

8. This field is not applicable.

9. These restricted stock units, in the original amount of 8,811, began vesting in four equal installments on February 23, 2019.

10. These restricted stock units, in the original grant amount of 14,188, began vesting in four equal annual installments on February 25, 2017.

11. These restricted stock units, in the original amount of 11,923, will begin vesting in three equal annual installments on February 19, 2020.

12. These restricted stock units, in the original grant amount of 30,000, began vesting in four equal annual installments on May 4, 2016.

13. These stock options, in the original grant amount of 30,982, will begin vesting in three equal annual installments on February 19, 2020.

14. These stock options, in the original grant amount of 20,633 began vesting in four equal annual installments on February 23, 2019.

15. These stock options, in the original grant amount of 84,654, began vesting in four equal annual installments on February 24, 2018.

16. These stock options, in the original grant amount of 33,076, began vesting in four equal annual installments on February 25, 2017.

17. These stock options, in the original grant amount of 16,545, began vesting in four equal annual installments on February 26, 2016.

18. These stock options are fully vested.

Remarks:

	/s/ Kelly Lefferts, Attorney in Fact	02/26/2019
	** Signature of Reporting Person	Date
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.

Bloomin' Brands (BLMN) Form 4Bloomin' Brands / SUKHDEV SINGH ownership change