Bloomin' Brands (BLMN) Form 4 Bloomin' Brands / Kelly Lefferts 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^*

Lefferts Kelly

(Last) (First) (Middle)

2202 N. WEST SHORE BLVD

SUITE 500

(Street)

TAMPA FL 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, Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2022

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/19/2022		M		4,204(1)	A	$0	32,428	D
Common Stock	02/19/2022		F		1,171(2)	D	$24.19	31,257	D
Common Stock	02/19/2022		M		934(3)	A	$0	32,191	D
Common Stock	02/19/2022		F		220(4)	D	$24.19	31,971	D
Common Stock	02/20/2022		M		3,197(3)	A	$0	35,168	D
Common Stock	02/20/2022		F		779(4)	D	$24.19	34,389	D
Common Stock	02/22/2022		M		2,350(3)	A	$0	36,739	D
Common Stock	02/22/2022		F		573(4)	D	$24.43	36,166	D
Common Stock	02/23/2022		M		609(3)	A	$0	36,775	D
Common Stock	02/23/2022		F		149(4)	D	$23.98	36,626	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.0(5)	02/19/2022		M			934	(6)	(7)	Common Stock	934	$0	0	D
Restricted Stock Units	$0.0(5)	02/20/2022		M			3,197	(8)	(7)	Common Stock	3,197	$0	3,197	D
Restricted Stock Units	$0.0(5)	02/21/2022		A		7,385		(9)	(7)	Common Stock	7,385	$0	7,385	D
Restricted Stock Units	$0.0(5)	02/22/2022		M			2,350	(10)	(7)	Common Stock	2,350	$0	4,702	D
Restricted Stock Units	$0.0(5)	02/23/2022		M			609	(11)	(7)	Common Stock	609	$0	0	D

Explanation of Responses:

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

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

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

4. These share of common stock were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock 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. On February 19, 2019, these restricted stock units were granted in the original amount of 2,802, which vest in three equal annual installments, with a final vesting in 2022.

7. This field is not applicable.

8. On February 20, 2020, these restricted stock units were granted in the original amount of 9,591, which vest in three equal annual installments, with a final vesting in 2023.

9. On February 21, 2022, these restricted stock units were granted in the original amount of 7,385, which vest in three equal annual installments, with a final vesting in 2025.

10. On February 22, 2021, these restricted stock units were granted in the original amount of 7,052, which vest in three equal annual installments, with a final vesting in 2024.

11. On February 23, 2018, these restricted stock units were granted in the original amount of 2,436, which vest in four equal annual installments, with a final vesting in 2022.

Remarks:

	/s/ Kelly Lefferts	02/23/2022
	** 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).
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