UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Schneid, Nancy
2202 North Westshore Boulevard, 5th Floor
Tampa, FL 33607
2. Issuer Name and Ticker or Trading Symbol
Outback Steakhouse, Inc.
(Nasdaq: OSSI)
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
11/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President-Marketing of Outback Steakhouse of Florida, Inc.
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock, par value $.0|11/10/|M |-|4,000 |A |$.75 | |D | |
1 |00 | | | | | | | | |
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Common Stock, par value $.0|11/10/|S |-|2,000 |D |$26.6250 | |D | |
1 |00 | | | | | | | | |
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Common Stock, par value $.0|11/10/|S |-|2,000 |D |$26.5625 |16,626 |D | |
1 |00 | | | | | | | | |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Stock Option (right to|$.75 |11/10|M |-|4,000 |D |5/3/1|5/3/2|Common Stock|2,000 | |74,250(1) |D | |
buy) | |/00 | | | | |991 |001 | | | | | | |
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Stock Option (right to|$17.47 | | | | | |(2) |7/01/|Common Stock|30,000 | |30,000 |D | |
buy) | | | | | | | |2004 | | | | | | |
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Stock Option (right to|$15.00 | | | | | |(3) |7/23/|Common Stock|30,000 | |30,000 |D | |
buy) | | | | | | | |2007 | | | | | | |
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Stock Option (right to|$24.875 | | | | | |(4) |1/27/|Common Stock|75,000 | |75,000 |D | |
buy) | | | | | | | |2009 | | | | | | |
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Stock Option (right to|$24.94 |02/02| |V|A |A |(5) |2/02/|Common Stock|100,000| |100,000 |D | |
buy) | |/00 | | | | | |2010 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Currently exercisable.
(2) Currently exercisable. The option vested in three annual installments
beginning on 07/01/1997 in the respective
amounts of 6,000 shares, 6,000 shares and 18, 000
shares.
(3) Currently exercisable, except with respect to 18,000 shares. The option
vests in three annual installments
beginning on 01/01/1999 in the respective amounts of 6,000 shares, 6,000 shares
and 18, 000 shares.
(4) The option vests in three annual installments beginning on 01/27/2002 in
the respective amounts of 15,000
shares, 15,000 shares and 45,000
shares.
(5) The option vests in three annual installments beginning on 01/01/2003 in
the respective amounts of 20,000
shares, 20,000 shares and 60,000
shares.
SIGNATURE OF REPORTING PERSON
NANCY SCHNEID
