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
Basham, Robert Danker
2202 North Westshore Boulevard, 5th Floor
Tampa, Florida 33607
United States
2. Issuer Name and Ticker or Trading Symbol
Outback Steakhouse, Inc.
OSI
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
12/31/01
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)
President, Chief Operating 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
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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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Common Stock, par value $.0|- |- |-|- |- |- |212,853 |D | |
1 | | | | | | | | | |
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Common Stock, par value $.0|- |- |-|- |- |- |7,820,060 |I |(1) |
1 | | | | | | | | | |
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Common Stock, par value $.0|12/20/|J |V|1,940,000 |N/A|N/A |1,940,000 |I |(2) |
1 |01 | | | | | | | | |
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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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| | | | | | | | | | | | | | |
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Explanation of Responses:
Note 1: Owned by Multi-Venture Partners, Ltd., a Nevada limited partnership
("MVP"). The reporting person is a
limited partner in MVP and owns an interest in the General Partner of
MVP.
Note 2: On December 20, 2001, Mr. Basham contributed 1,940,000 shares to the
Robert D. Basham Irrevocable
Trust Agreement of 2001 of which the reporting person is the beneficiary. Mr.
Basham continues to report
beneficial ownership of all of the common stock held by the trust. 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 indirectly owned as reflected in Table
1.
SIGNATURE OF REPORTING PERSON
Robert D. Basham