Filing Details
- Accession Number:
- 0001209191-22-002517
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-01-07 17:50:23
- Reporting Period:
- 2022-01-05
- Accepted Time:
- 2022-01-07 17:50:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1594977 | Mr Axel Schwan | 130 King Street West Suite 300 Toronto A6 M5X 1E1 | Pres., Tim Hortons Americas | 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 | 2022-01-05 | 142 | $0.00 | 133,215 | No | 4 | A | Direct | |
| Common Shares | Disposition | 2022-01-05 | 8,687 | $58.62 | 124,528 | 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 | Restricted Share Units | Acquisiton | 2022-01-05 | 59 | $0.00 | 59 | $0.00 |
| Common Shares | Restricted Share Units | Acquisiton | 2022-01-05 | 53 | $0.00 | 53 | $0.00 |
| Common Shares | Restricted Share Units | Acquisiton | 2022-01-05 | 26 | $0.00 | 26 | $0.00 |
| Common Shares | Performance Share Units | Acquisiton | 2022-01-05 | 386 | $0.00 | 386 | $0.00 |
| Common Shares | Restricted Share Units | Acquisiton | 2022-01-05 | 81 | $0.00 | 81 | $0.00 |
| Common Shares | Restricted Share Units | Acquisiton | 2022-01-05 | 54 | $0.00 | 54 | $0.00 |
| Common Shares | Performance Share Units | Acquisiton | 2022-01-05 | 248 | $0.00 | 248 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 6,600 | No | 4 | A | Direct | ||
| 5,968 | No | 4 | A | Direct | ||
| 2,928 | No | 4 | A | Direct | ||
| 43,143 | 2025-02-21 | 2025-02-21 | No | 4 | A | Direct |
| 9,102 | No | 4 | A | Direct | ||
| 6,088 | No | 4 | A | Direct | ||
| 27,720 | 2024-02-19 | 2024-02-19 | No | 4 | A | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Shares | Option (right to buy) | $58.44 | 2023-02-23 | 2028-02-22 | 40,000 | 40,000 | Direct |
| Common Shares | Option (right to buy) | $64.75 | 2024-02-22 | 2029-02-21 | 30,000 | 30,000 | Direct |
| Common Shares | Option (right to buy) | $66.31 | 2025-02-21 | 2030-02-20 | 56,000 | 56,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2028-02-22 | 40,000 | 40,000 | Direct |
| 2029-02-21 | 30,000 | 30,000 | Direct |
| 2030-02-20 | 56,000 | 56,000 | Direct |
Footnotes
- 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.
- Represents shares sold to cover withholding tax obligations on the settlement of the previously reported vesting of the Reporting Person's restricted share units.
- Each restricted share unit represents a contingent right to receive one common share.
- These restricted share units vest on December 31, 2022.
- These restricted share units vest on December 31, 2023.
- 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.
- 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.
Billionaire Hedge Funds
