Filing Details
- Accession Number:
- 0000950170-24-018213
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-21 18:00:30
- Reporting Period:
- 2024-02-19
- Accepted Time:
- 2024-02-21 18:00:30
- 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 |
|---|---|---|---|---|---|---|---|
| 1829353 | A. Sami Siddiqui | 5707 Blue Lagoon Drive Suite 300 Toronto A6 M5X 1E1 | Brand Pres., Popeyes, Americas | No | No | 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 | 2024-02-19 | 29,692 | $0.00 | 49,203 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2024-02-20 | 11,684 | $76.26 | 37,519 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | Performance Share Units | Disposition | 2024-02-19 | 29,692 | $0.00 | 29,692 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-02-19 | 2024-02-19 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Shares | 116,634 | Indirect | By Trust |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Shares | Option (Right to Buy) | $55.55 | 2027-02-23 | 80,000 | 80,000 | Direct | |
| Common Shares | Option (Right to Buy) | $66.31 | 2025-02-21 | 2030-02-20 | 20,000 | 20,000 | Direct |
| Common Shares | Restricted Share Units | $0.00 | 8,275 | 8,275 | Direct | ||
| Common Shares | Performance Share Units | $0.00 | 2024-02-22 | 2024-02-22 | 59,496 | 59,496 | Direct |
| Common Shares | Performance Share Units | $0.00 | 2025-02-21 | 2025-02-21 | 23,106 | 23,106 | Direct |
| Common Shares | Performance Share Units | $0.00 | 2025-02-21 | 2025-02-21 | 22,352 | 22,352 | Direct |
| Common Shares | Restricted Share Units | $0.00 | 2,845 | 2,845 | Direct | ||
| Common Shares | Restricted Share Units | $0.00 | 4,636 | 4,636 | Direct | ||
| Common Shares | Performance Share Units | $0.00 | 2025-02-25 | 2025-02-25 | 42,299 | 42,299 | Direct |
| Common Shares | Restricted Share Units | $0.00 | 6,887 | 6,887 | Direct | ||
| Common Shares | Performance Share Units | $0.00 | 2026-02-22 | 2026-02-22 | 38,068 | 38,068 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2027-02-23 | 80,000 | 80,000 | Direct |
| 2030-02-20 | 20,000 | 20,000 | Direct |
| 8,275 | 8,275 | Direct | |
| 2024-02-22 | 59,496 | 59,496 | Direct |
| 2025-02-21 | 23,106 | 23,106 | Direct |
| 2025-02-21 | 22,352 | 22,352 | Direct |
| 2,845 | 2,845 | Direct | |
| 4,636 | 4,636 | Direct | |
| 2025-02-25 | 42,299 | 42,299 | Direct |
| 6,887 | 6,887 | Direct | |
| 2026-02-22 | 38,068 | 38,068 | Direct |
Footnotes
- Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance share units.
- These shares are held by a revocable trust, of which the Reporting Person is the settlor and trustee for the benefit of the Reporting Person.
- 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, 2021 and to the extent earned will vest 100% on February 19, 2024.
- These options are fully vested and exercisable.
- Each restricted share unit represents a contingent right to receive one common share.
- These restricted share units vest on December 31, 2024.
- The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs have a performance period ending December 31, 2021 and will vest on February 22, 2024, which is the fifth anniversary of the grant date.
- The shares reported represent an award of performance based restricted share units (the "2020-1 PBRSUs") granted to the Reporting Person. The 2020-1 PBRSUs have a performance period ending December 31, 2021 adn will vest on February 21, 2025, which is the fifth anniversary of the grant date.
- The shares reported represent an award of performance based restricted share units ("2020-2 PBRSUs") granted to the Reporting Person. The 2020-2 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2021 and to the extent earned will vest 100% on February 21, 2025, which has been selected as the vesting date of the grant. 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.
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
- These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
- The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 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.
- These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
- The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, 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.
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