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
Sullivan, Chris Thomas
2202 North Westshore Boulevard, 5th Floor
Tampa, Florida 33607
United States
2. Issuer Name and Ticker or Trading Symbol
Outback Steakhouse, Inc.
OSSI
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
09/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board, Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<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|09/07/|J |V|(1) |N/A|N/A |7,874,060 |I |(1) |
1 |00 | | | | | | | | |
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Common Stock, par value $.0|- |- |-|- |- |- |2,568 |D |(2) |
1 | | | | | | | | | |
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Common Stock, par value $.0|- |- |-|- |- |- |346,938 |I |(3) |
1 | | | | | | | | | |
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Common Stock, par value $.0|09/07/|J |V|43,628 |A |N/A |82,844 |D |(1) |
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>
| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) Mr. Sullivan received 43,628 shares of an aggregate amount of 2,089,301
shares distributed in a
non-liquidating distribution by Multi-Venture Partners, Ltd., a Nevada limited
partnerhsip ("MVP"), a partnership in
which Mr. Sullivan is a limited partner. These shares were previously reported
as beneficially owned by Mr.
Sullivan indirectly through MVP. The foregoing transaction is exempt from
Section 16 pursuant to Rule 16a-13 as a
change in form of beneficial ownership. The shares are now reported as
directly owned as reflected in Table 1.
(2) Owned by Mr. Sullivan as custodian for the benefit of his minor
children.
(3) Owned by Sullivan Family Investments, Ltd. for which Mr. Sullivan serves as
sole general partner.
SIGNATURE OF REPORTING PERSON
Chris T. Sullivan
DATE
October , 2000
