Filing Details
- Accession Number:
- 0001209191-21-021443
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-17 17:28:29
- Reporting Period:
- 2021-03-15
- Accepted Time:
- 2021-03-17 17:28:29
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1618756 | Restaurant Brands International Inc. | QSR | Retail-Eating Places (5812) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1801288 | Fernando Machado | 130 King Street West Suite 300 Toronto A6 M5X 1E1 | Chief Marketing Officer | 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 | 2021-03-15 | 123,000 | $27.28 | 134,992 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2021-03-15 | 11,420 | $42.26 | 146,412 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2021-03-15 | 39,281 | $42.26 | 185,693 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-03-15 | 120,490 | $64.01 | 65,203 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2021-03-16 | 719 | $42.26 | 65,922 | No | 4 | M | Direct | |
Common Stock0 | Disposition | 2021-03-16 | 571 | $64.00 | 65,351 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Shares | Option (right to buy) | Disposition | 2021-03-15 | 123,000 | $0.00 | 123,000 | $27.28 |
Common Shares | Option (right to buy) | Disposition | 2021-03-15 | 11,420 | $0.00 | 11,420 | $42.26 |
Common Shares | Option (right to buy) | Disposition | 2021-03-15 | 39,281 | $0.00 | 39,281 | $42.26 |
Common Shares | Option (right to buy) | Disposition | 2021-03-16 | 719 | $0.00 | 719 | $42.26 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2024-03-06 | No | 4 | M | Direct | |
0 | 2025-03-05 | No | 4 | M | Direct | |
719 | 2025-03-05 | No | 4 | M | Direct | |
0 | 2025-03-05 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Shares | Restricted Share Units | $0.00 | 5,601 | 5,601 | Direct | ||
Common Shares | Option (right to buy) | $58.44 | 2023-02-23 | 2028-02-22 | 40,000 | 40,000 | Direct |
Common Shares | Restricted Share Units | $0.00 | 4,396 | 4,396 | Direct | ||
Common Shares | Performance Share Units | $0.00 | 2024-02-22 | 2024-02-22 | 201,699 | 201,699 | Direct |
Common Shares | Restricted Share Units | $0.00 | 6,081 | 6,081 | Direct | ||
Common Shares | Restricted Share Units | $0.00 | 11,093 | 11,093 | Direct | ||
Common Shares | Restricted Share Units | $0.00 | 16,500 | 16,500 | Direct | ||
Common Shares | Restricted Share Units | $0.00 | 14,011 | 14,011 | Direct | ||
Common Shares | Performance Share Units | $0.00 | 2024-02-19 | 2024-02-19 | 33,500 | 33,500 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
5,601 | 5,601 | Direct | |
2028-02-22 | 40,000 | 40,000 | Direct |
4,396 | 4,396 | Direct | |
2024-02-22 | 201,699 | 201,699 | Direct |
6,081 | 6,081 | Direct | |
11,093 | 11,093 | Direct | |
16,500 | 16,500 | Direct | |
14,011 | 14,011 | Direct | |
2024-02-19 | 33,500 | 33,500 | Direct |
Footnotes
- The Reporting Person exercised these option in order to retain ownership of all shares, less those required to be sold to pay the exercise price and applicable taxes.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $64.00 to $64.06 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $64.00 to $64.03 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- These options are immediately exercisable.
- Each restricted share unit represents a contingent right to receive one common share.
- These restricted share units vest on December 31, 2021.
- These restricted share units vest on December 31, 2022.
- 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 on February 21, 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 decrease based on the results of the performance condition.
- These restricted share units vest on December 31, 2023.
- These restricted share units vest on December 31, 2024.
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 2023.
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
- The shares reported represent an award of performance based restricted share units ("2021 PBRSUs") granted to the Reporting Person. The 2021 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on February 19, 2024. 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.