Filing Details
- Accession Number:
- 0001209191-21-053899
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-30 18:03:34
- Reporting Period:
- 2021-08-26
- Accepted Time:
- 2021-08-30 18:03:34
- 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 |
---|---|---|---|---|---|---|---|
1574771 | Joshua Kobza | 130 King Street West Suite 300 Toronto A6 M5X 1E1 | Coo | 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 | Disposition | 2021-08-26 | 55,000 | $64.92 | 314,096 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Shares | Exchangeable units | $0.00 | 5,413 | 5,413 | Direct | ||
Common Shares | Option (right to buy) | $42.26 | 2025-03-05 | 35,494 | 35,494 | Direct | |
Common Shares | Option (right to buy) | $42.26 | 2025-03-05 | 300,000 | 300,000 | Direct | |
Common Shares | Restricted Share Units | $0.00 | 22,949 | 22,949 | Direct | ||
Common Shares | Option (right to buy) | $56.92 | 2022-05-05 | 2027-05-04 | 200,000 | 200,000 | Direct |
Common Shares | Restricted Share Units | $0.00 | 19,276 | 19,276 | Direct | ||
Common Shares | Restricted Share Units | $0.00 | 14,533 | 14,533 | Direct | ||
Common Shares | Performance Share Units | $0.00 | 2024-02-22 | 2024-02-22 | 245,614 | 245,614 | Direct |
Common Shares | Restricted Share Units | $0.00 | 15,320 | 15,320 | Direct | ||
Common Shares | Performance Share Units | $0.00 | 2025-02-21 | 2025-02-21 | 211,972 | 211,972 | Direct |
Common Shares | Restricted Share Units | $0.00 | 41,926 | 41,926 | Direct | ||
Common Shares | Restricted Share Units | $0.00 | 19,912 | 19,912 | Direct | ||
Common Shares | Performance Share Units | $0.00 | 2024-02-19 | 2024-02-19 | 85,123 | 85,123 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
5,413 | 5,413 | Direct | |
2025-03-05 | 35,494 | 35,494 | Direct |
2025-03-05 | 300,000 | 300,000 | Direct |
22,949 | 22,949 | Direct | |
2027-05-04 | 200,000 | 200,000 | Direct |
19,276 | 19,276 | Direct | |
14,533 | 14,533 | Direct | |
2024-02-22 | 245,614 | 245,614 | Direct |
15,320 | 15,320 | Direct | |
2025-02-21 | 211,972 | 211,972 | Direct |
41,926 | 41,926 | Direct | |
19,912 | 19,912 | Direct | |
2024-02-19 | 85,123 | 85,123 | Direct |
Footnotes
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $64.60 to $65.06 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.
- 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 RestaurantBrands 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 certaincircumstances). This conversion right has no expiration date.
- These options are immediately exerciseable.
- 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.
- These restricted share units vest on December 31, 2023.
- 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, 2024.
- 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 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 decrease based on the results of the performance condition.
- Each restricted share unit represents a contingent right to receive one common share.
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 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.