SC 13G/A

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.1)*

 

 

Bloomin’ Brands, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

094235 108

(CUSIP Number)

December 31, 2013

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


  (1)   

Names of reporting persons

 

Chris T. Sullivan

  (2)  

Check the appropriate box if a member of a group*

 

(a)  x        (b)  ¨

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

U.S.A.

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

4,017,025

   (6)   

Shared voting power

 

0

   (7)   

Sole dispositive power

 

4,017,025

   (8)   

Shared dispositive power

 

0

  (9)  

Aggregate amount beneficially owned by each reporting person

 

4,017,025

(10)  

Check box if the aggregate amount in Row (9) excludes certain shares*

 

¨

(11)  

Percent of class represented by amount in Row (9)

 

3.23%

(12)  

Type of reporting person

 

IN


  (1)   

Names of reporting persons

 

CTS Equities Limited Partnership

  (2)  

Check the appropriate box if a member of a group*

 

(a)  x        (b)  ¨

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

Florida

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

3,671,440

   (6)   

Shared voting power

 

0

   (7)   

Sole dispositive power

 

3,671,440

   (8)   

Shared dispositive power

 

0

  (9)  

Aggregate amount beneficially owned by each reporting person

 

3,671,440

(10)  

Check box if the aggregate amount in Row (9) excludes certain shares*

 

¨

(11)  

Percent of class represented by amount in Row (9)

 

2.95%

(12)  

Type of reporting person

 

PN


  (1)   

Names of reporting persons

 

CTS Equities, LLC

  (2)  

Check the appropriate box if a member of a group*

 

(a)  x        (b)  ¨

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

Florida

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

3,671,440

   (6)   

Shared voting power

 

0

   (7)   

Sole dispositive power

 

3,671,440

   (8)   

Shared dispositive power

 

0

  (9)  

Aggregate amount beneficially owned by each reporting person

 

3,671,440

(10)  

Check box if the aggregate amount in Row (9) excludes certain shares*

 

¨

(11)  

Percent of class represented by amount in Row (9)

 

2.95%

(12)  

Type of reporting person

 

OO


  (1)   

Names of reporting persons

 

Chris T Sullivan Foundation Inc.

  (2)  

Check the appropriate box if a member of a group*

 

(a)  x        (b)  ¨

  (3)  

SEC use only

 

  (4)  

Citizenship or place of organization

 

U.S.A.

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

345,585

   (6)   

Shared voting power

 

0

   (7)   

Sole dispositive power

 

345,585

   (8)   

Shared dispositive power

 

0

  (9)  

Aggregate amount beneficially owned by each reporting person

 

345,585

(10)  

Check box if the aggregate amount in Row (9) excludes certain shares*

 

¨

(11)  

Percent of class represented by amount in Row (9)

 

.28%

(12)  

Type of reporting person

 

CO


EXPLANATORY NOTE

This Amendment No. 1 to Schedule 13G (this “Amendment”) amends and restates in their entirety the items included herein contained in the Schedule 13G filed by CTS Equities Limited Partnership, CTS Equities, LLC, Chris T. Sullivan and the Chris T. Sullivan Foundation Inc. (the “Reporting Persons”) on February 14, 2013 relating to the common stock, $0.01 par value (the “Common Stock”), of Bloomin’ Brands, Inc. (the “Issuer”). Chris T. Sullivan is a limited partner of CTS Limited Partnership (“CTSLP”) and the sole member of CTS Equities, LLC, which is the sole general partner of CTSLP. Chris T Sullivan Foundation Inc. (“CTS Foundation”) is a charitable foundation for which Chris T. Sullivan serves as the trustee.

Item 4. Ownership.

 

  (a) Amount beneficially owned:

 

CTS Equities Limited Partnership

     3,671,440   

CTS Equities, LLC

     3,671,440   

Chris T. Sullivan

     4,017,025   

Chris T Sullivan Foundation Inc.

     345,585   

 

  (b) Percent of class:

 

CTS Equities Limited Partnership

     2.95

CTS Equities, LLC

     2.95

Chris T. Sullivan

     3.23

Chris T Sullivan Foundation Inc.

     0.28

 

  (c) Number of shares as to which each person has:

 

  (i) Sole power to vote or to direct the vote:

 

CTS Equities Limited Partnership

     3,671,440   

CTS Equities, LLC

     3,671,440   

Chris T. Sullivan

     4,017,025   

Chris T Sullivan Foundation Inc.

     345,585   

 

  (ii) Shared power to vote or to direct the vote:

 

CTS Equities Limited Partnership

     0   

CTS Equities, LLC

     0   

Chris T. Sullivan

     0   

Chris T Sullivan Foundation Inc.

     0   


  (iii) Sole power to dispose or to direct the disposition of:

 

CTS Equities Limited Partnership

     3,671,440   

CTS Equities, LLC

     3,671,440   

Chris T. Sullivan

     4,017,025   

Chris T Sullivan Foundation Inc.

     345,585   

 

  (iv) Shared power to dispose or to direct the disposition of:

 

CTS Equities Limited Partnership

     0   

CTS Equities, LLC

     0   

Chris T. Sullivan

     0   

Chris T Sullivan Foundation Inc.

     0   

CTSLP, Chris T. Sullivan and CTS Foundation are parties to certain arrangements relating to the disposition of shares of Common Stock with BCIP Associates – G, BCIP TCV, LLC, Bain Capital Integral Investors 2006, LLC, Bain Capital (OSI) IX, L.P., Bain Capital (OSI) IX Coinvestment, L.P., Catterton Partners VI – Kangaroo, L.P. and Catterton Partners VI – Kangaroo Coinvest, L.P. (the “Other Investors”). As a result, the foregoing persons may be deemed to be a group for purposes of Section 13(d) under the Securities Exchange Act of 1934. As of February 14, 2014, such persons collectively own 67,123,573 shares of Common Stock, or 53.9% of the outstanding shares of Common Stock. CTSLP, Chris T. Sullivan and CTS Foundation disclaim beneficial ownership of the shares of Common Stock held by the Other Investors.

The percentages of Common Stock held set forth herein are based on 124,482,148 shares of Common Stock outstanding as of November 1, 2013, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2013.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2014

 

By:   /s/ Chris T. Sullivan
  Chris T. Sullivan

 

CTS EQUITIES LIMITED PARTNERSHIP
By:   CTS EQUITIES, LLC, its General Partner
By:   /s/ Chris T. Sullivan
  Chris T. Sullivan, Manager

 

CTS EQUITIES, LLC
By:   /s/ Chris T. Sullivan
  Chris T. Sullivan, Manager

 

CHRIS T SULLIVAN FOUNDATION INC.
By:   /s/ Chris T. Sullivan
  Chris T. Sullivan, President