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 *
Scarlett Gregg
  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 & Pres. Bonefish Grill
(Last)
(First)
(Middle)
2202 N. WEST SHORE BLVD.
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2016
(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 03/12/2016   M   6,250 (1) A $ 0 24,453 D  
Common Stock 03/12/2016   F   1,705 (2) D $ 0 22,748 (3) 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
Restricted Stock Units $ 0               (4)   (5) Common Stock 14,562   14,562 D  
Restricted Stock Units $ 0 03/12/2016   M     6,250 (6) 03/12/2016(7)   (5) Common Stock 6,250 $ 0 18,750 D  
Stock Option (right to buy) $ 6.5               (8) 09/02/2020 Common Stock 37,140   37,140 D  
Stock Option (right to buy) $ 6.5               (9) 04/06/2020 Common Stock 51,360   51,360 D  
Stock Option (right to buy) $ 17.15               (10) 02/25/2026 Common Stock 33,946   33,946 D  
Stock Option (right to buy) $ 17.8               (11) 03/01/2026 Common Stock 42,056   42,056 D  
Stock Option (right to buy) $ 18.73               (12) 02/01/2023 Common Stock 75,000   75,000 D  
Stock Option (right to buy) $ 24.14               (13) 03/12/2025 Common Stock 100,000   100,000 D  
Stock Option (right to buy) $ 25.32               (14) 02/27/2024 Common Stock 12,166   12,166 D  
Stock Option (right to buy) $ 25.36               (15) 02/26/2025 Common Stock 14,706   14,706 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Scarlett Gregg
2202 N. WEST SHORE BLVD.
TAMPA, FL 33607
      EVP & Pres. Bonefish Grill  

Signatures

 /s/ Kelly Lefferts, as Attorney-in-Fact   03/14/2016
**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) These shares of common stock were acquired upon the vesting and settlement of certain restricted stock units.
(2) These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting of certain restricted stock units.
(3) Certain of these shares represent restricted stock issued under a Bloomin' Brands, Inc. stock plan and are subject to a risk of forfeiture. Of such shares, 3,125 continue to be subject to forfeiture under that plan as of the date of this filing.
(4) These restricted stock units vest in four equal annual installments beginning on February 25, 2017.
(5) This field is not applicable.
(6) These restricted stock units were surrendered in exchange for shares of common stock of the issuer.
(7) These restricted stock units vest in four equal annual installments beginning on March 12, 2016.
(8) This stock option is fully vested.
(9) This stock option is a replacement stock option and is fully vested.
(10) This stock option vests in four equal annual installments beginning on February 25, 2017.
(11) This stock option vests on March 1, 2018.
(12) This stock option vests in four equal annual installments beginning on February 1, 2014.
(13) This stock option vests in four equal annual installments beginning on March 12, 2016.
(14) This stock option vests in four equal annual installments beginning on February 27, 2015.
(15) This stock option vests in four equal annual installments beginning on February 26, 2016.

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