X0202 4 2006-10-24 0000874691 OSI RESTAURANT PARTNERS, INC. OSI 0001044541 WILT TOBY S C/O OSI RESTAURANT PARTNERS, INC. 2202 N. WEST SHORE BLVD., 5TH FLOOR TAMPA FL 33607 1 0 0 0 Common Stock, par value $.01 30000 D Phantom Stock Units ("PSU") 2006-10-24 4 A 0 274.09 A Common Stock 274.09 5468.75 D Stock Option (right to buy) 15.00 1998-07-23 2007-07-23 Common Stock 45000 45000 D The security converts to common stock on a one-to-one basis. The PSU were accrued under the Company's Deferred Compensation and Stock Plan ("Plan") and are settled 100% in the Company's common stock upon cessation as a director. Not applicable. Derivative securities beneficially owned at the end of the reported transaction include: (i) 568.70 PSU accrued in 1997 at prices ranging from $15.840 to $17.669; (ii) 416.68 PSU accrued in 1998 at prices ranging from $18.070 to $24.697; (iii) 336.37 PSU accrued in 1999 at prices ranging from $25.33 to $36.68; (iv) 378.49 PSU accrued in 2000 at prices ranging from $23.603 to $29.821; (v) 374.41 PSU accrued in 2001 at prices ranging from $24.85 to $27.98; (vi) 333.57 PSU accrued in 2002 at prices ranging from $28.00 to $37.38; (vii) 345.99 PSU accrued in 2003 at prices ranging from $33.82 to $38.64; (viii) 741.83 PSU accrued in 2004 at prices ranging from $40.38 to $48.36; (ix) 939.1 PSU accrued in 2005 at prices ranging from $39.71 to $46.05; and (x) 740.64 PSU accrued in 2006 at prices ranging from $32.38 to $43.15, all such PSU are to be settled 100% in the Company's common stock upon cessation as a director of the Company. Currently exercisable. The option vested in three equal annual installments beginning on July 23, 1998. /s/ Joseph J. Kadow, Attorney-in-Fact 2006-10-24