Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Kappitt Michael
  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 & President of Carrabba's
(Last)
(First)
(Middle)
2202 NORTH WEST SHORE BOULEVARD, SUITE 500
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2017
(Street)

TAMPA, FL 33607
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/10/2017   M   6,250 A $ 0 25,035 D  
Common Stock 02/10/2017   F   1,716 D $ 0 23,319 (1) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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 02/10/2017   M     6,250   (2)   (3) Common Stock 6,250 $ 0 18,750 D  
Restricted Stock Units $ 0               (4)   (3) Common Stock 6,250   6,250 D  
Restricted Stock Units $ 0               (5)   (3) Common Stock 11,201   11,201 D  
Stock Option (right to buy) $ 17.8               (6) 03/01/2026 Common Stock 50,000   50,000 D  
Stock Option (right to buy) $ 17.15               (7) 02/25/2026 Common Stock 26,113   26,113 D  
Stock Option (right to buy) $ 25.36               (8) 02/26/2025 Common Stock 15,074   15,074 D  
Stock Option (right to buy) $ 25.32               (9) 02/27/2024 Common Stock 12,490   12,490 D  
Stock Option (right to buy) $ 23.87               (10) 01/02/2024 Common Stock 100,000   100,000 D  
Stock Option (right to buy) $ 17.4               (11) 02/26/2023 Common Stock 10,021   10,021 D  
Stock Option (right to buy) $ 10.03               (12) 07/05/2021 Common Stock 49,227   49,227 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Kappitt Michael
2202 NORTH WEST SHORE BOULEVARD
SUITE 500
TAMPA, FL 33607
      EVP & President of Carrabba's  

Signatures

 /s/ Kelly Lefferts, as Attorney-in-Fact   02/13/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Certain of these shares represent restricted stock issued under a Bloomin' Brands, Inc. stock plan and are subject to risk of forfeiture. Of such shares, 6,250 continue to be subject to forfeiture under the plan.
(2) These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on February 12, 2017.
(3) This field is not applicable.
(4) These restricted stock units, in the original grant amount of 25,000, began vesting in four equal annual installments on January 2, 2015.
(5) These restricted stock units, in the original grant amount of 11,201, will begin vesting in four equal annual installments on February 25, 2017.
(6) These stock options, in the original grant amount of 50,000, will begin vesting in four equal annual installments on February 12, 2017.
(7) These stock options, in the original grant amount of 26,113, will begin vesting in four equal annual installments on February 25, 2017.
(8) These stock options, in the original grant amount of 15,074, began vesting in four equal annual installments on February 26, 2016.
(9) These stock options, in the original grant amount of 12,490, began vesting in four equal annual installments on February 27, 2015.
(10) These stock options, in the original grant amount of 100,000, began vesting in four equal annual installments on January 2, 2015.
(11) These stock options, in the original grant amount of 10,021, began vesting in four equal annual installments on February 26, 2014.
(12) These stock options are fully vested.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.