Bloomin' Brands officer Pace Philip J exercised Options for 3,241 shares at $0, taking his reported ownership to 60,287 shares before a separate forfeiture. The subsequent forfeiture of 790 shares at $9.73 per share left him with 59,497 shares, giving investors a reported view of the officer’s resulting Equity position.
Key Highlights
- Pace Philip J forfeited 790 Bloomin' Brands shares at $9.73 per share.
- His reported ownership stood at 59,497 shares after the forfeiture.
- The option exercise carried transaction code M, while the forfeiture used code F.
Bloomin' Brands, Inc. (NASDAQ: BLMN) officer Pace Philip J exercised options for 3,241 shares at $0 on Sep. 3, 2026. Following the exercise, his reported ownership stood at 60,287 shares. The transaction also involved derivative securities, with no derivative securities remaining in the reported position afterward.
Option Exercise Followed by Share Forfeiture
The M transaction code identifies an option exercise. A separate transaction on the same date involved the forfeiture of 790 Bloomin' Brands shares at $9.73 per share. After the forfeiture, Pace Philip J’s reported share ownership was 59,497 shares.
FAQs
Q: What did Pace Philip J do in Bloomin' Brands?
A: Pace Philip J exercised options for 3,241 Bloomin' Brands shares at $0 on Sep. 3, 2026. He later forfeited 790 shares at $9.73 per share.
Q: What was Pace Philip J’s Bloomin' Brands share holding after the transaction?
A: Pace Philip J held 60,287 shares after exercising the options. His reported ownership later stood at 59,497 shares after the separate forfeiture.
Q: Did the Bloomin' Brands transaction involve derivative securities?
A: The option exercise involved derivative securities, and none remained in the reported position afterward. The separate share forfeiture left Pace Philip J with 59,497 shares.
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