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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
PACE DAVID
   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 BLVD, SUITE 500		 3. Date of Earliest Transaction (Month/Day/Year)
04/06/2015
(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 04/06/2015   M   50,000 (1) A $ 6.5 58,811 D  
Common Stock 04/06/2015   S   50,000 (1) D $ 23.724 (2) 8,811 D  

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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
Stock Option (right to buy) $ 6.5 04/06/2015   M     50,000 (1)   (3) 07/27/2020 Common Stock 50,000 $ 6.5 250,000 D  
Stock Option (right to buy) $ 10.03               (4) 12/09/2021 Common Stock 133,300   133,300 D  
Stock Option (right to buy) $ 17.4               (5) 02/26/2023 Common Stock 33,313   33,313 D  
Stock Option (right to buy) $ 25.32               (6) 02/27/2024 Common Stock 26,116   26,116 D  
Stock Option (right to buy) $ 25.36             02/26/2016(7) 02/26/2025 Common Stock 32,170   32,170 D  

Reporting Owners

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

Signatures

 /s/ Kelly Lefferts, as Attorney-in-Fact   04/08/2015
**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) This transaction was effected by the reporting person pursuant to a Rule 10b5-1 trading plan.
(2) Price reflected is the weighted-average sale price for shares sold. The shares were sold in multiple transactions, and the range of sale prices for the transactions reported was $23.50 to $24.19. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.
(3) This stock option vests in five equal installments beginning on August 16, 2011.
(4) This stock option vests in five equal installments beginning on December 9, 2012.
(5) This stock option vests in four equal annual installments beginning on February 26, 2014.
(6) This stock option vests in four equal annual installments beginning on February 27, 2015.
(7) This stock option vests in four equal annual installments beginning on February 26, 2016.

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