Filing Details

Accession Number:
0001209191-21-002610
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-07 18:45:56
Reporting Period:
2021-01-05
Accepted Time:
2021-01-07 18:45:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1618756 Restaurant Brands International Inc. QSR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1552022 Jill Granat 130 King Street West
Suite 300
Toronto A6 M5X 1E1
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2021-01-05 176 $0.00 313,372 No 4 A Direct
Common Shares Disposition 2021-01-05 8,191 $58.95 305,180 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Dividend Equivalent Rights Acquisiton 2021-01-05 114 $0.00 114 $0.00
Common Shares Dividend Equivalent Rights Acquisiton 2021-01-05 94 $0.00 94 $0.00
Common Shares Dividend Equivalent Rights Acquisiton 2021-01-05 80 $0.00 80 $0.00
Common Shares Dividend Equivalent Rights Acquisiton 2021-01-05 466 $0.00 466 $0.00
Common Shares Dividend Equivalent Rights Acquisiton 2021-01-05 68 $0.00 68 $0.00
Common Shares Dividend Equivalent Rights Acquisiton 2021-01-05 226 $0.00 226 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,434 No 4 A Direct
1,056 No 4 A Direct
633 No 4 A Direct
3,701 No 4 A Direct
320 No 4 A Direct
1,069 No 4 A Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares Exchangeable units $0.00 52,965 52,965 Direct
Common Shares Option (right to buy) $27.28 2024-03-06 15,945 15,945 Direct
Common Shares Option (right to buy) $27.28 2024-03-06 40,000 40,000 Direct
Common Shares Option (right to buy) $42.26 2025-03-05 13,665 13,665 Direct
Common Shares Option (right to buy) $42.26 2025-03-05 66,667 66,667 Direct
Common Shares Option (right to buy) $33.67 2021-02-26 2026-02-25 70,000 70,000 Direct
Common Shares Restricted Share Units $0.00 11,701 11,701 Direct
Common Shares Option (right to buy) $56.92 2022-05-05 2027-05-04 50,000 50,000 Direct
Common Shares Restricted Share Units $0.00 9,748 9,748 Direct
Common Shares Restricted Share Units $0.00 8,552 8,552 Direct
Common Shares Performance Share Units $0.00 2024-02-22 2024-02-22 50,000 50,000 Direct
Common Shares Option (right to buy) $66.31 2025-02-21 2030-02-20 25,000 25,000 Direct
Common Shares Restricted Share Units $0.00 7,471 7,471 Direct
Common Shares Performance Share Units $0.00 2025-02-21 2025-02-21 25,000 25,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
52,965 52,965 Direct
2024-03-06 15,945 15,945 Direct
2024-03-06 40,000 40,000 Direct
2025-03-05 13,665 13,665 Direct
2025-03-05 66,667 66,667 Direct
2026-02-25 70,000 70,000 Direct
11,701 11,701 Direct
2027-05-04 50,000 50,000 Direct
9,748 9,748 Direct
8,552 8,552 Direct
2024-02-22 50,000 50,000 Direct
2030-02-20 25,000 25,000 Direct
7,471 7,471 Direct
2025-02-21 25,000 25,000 Direct
Footnotes
  1. Represents shares settled from dividend equivalent rights that accrued on a vested restricted share unit award in respect of dividends that were paid after the vesting of the award with a record date prior to the vesting of the award.
  2. Represents shares sold to cover withholding tax obligations on the settlement of the previously reported vesting of the Reporting Person's restricted share units.
  3. Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant Brands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date.
  4. These options are immediately exercisable.
  5. Each restricted share unit represents a contingent right to receive one common share.
  6. These restricted share units vest on December 31, 2021.
  7. Each whole dividend equivalent right represents a contingent right to receive one common share.
  8. These dividend equivalent rights accrued on the 2017 restricted share unit award (the "2017 RSUs"). Dividend equivalent rights accrue when andas dividends are paid on the common shares underlying the 2017 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2017 RSUs to which they relate.
  9. These restricted share units vest on December 31, 2022.
  10. These dividend equivalent rights accrued on the 2018 restricted share unit award (the "2018 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2018 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2018 RSUs to which they relate.
  11. These restricted share units vest on December 31, 2023.
  12. These dividend equivalent rights accrued on the 2019 restricted share unit award (the "2019 RSUs"). Dividend equivalent rights accrue whenand as dividends are paid on the common shares underlying the 2019 RSUs and vest proportionately with and are subject to settlement andexpiration upon the same terms as the 2019 RSUs to which they relate.
  13. The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest 100% on February 22, 2024, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the Issuer performance condition.
  14. Each whole dividend equivalent right represents a contingent right to receive one common share, subject to increase or decrease based on theresults of the Issuer performance condition.
  15. These dividend equivalent rights accrued on the 2019 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on thecommon shares underlying the 2019 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same termsas the 2019 PBRSUs to which they relate.
  16. These restricted share units vest on December 31, 2024.
  17. These dividend equivalent rights accrued on the 2020 restricted share unit award (the "2020 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2020 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2020 RSUs to which they relate.
  18. The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest 100% on February 21, 2025, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
  19. These dividend equivalent rights accrued on the 2020 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2020 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2020 PBRSUs to which they relate.