Filing Details
- Accession Number:
- 0000950170-24-018214
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-21 18:00:34
- Reporting Period:
- 2024-02-19
- Accepted Time:
- 2024-02-21 18:00:34
- 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 |
|---|---|---|---|---|---|---|---|
| 1908102 | Duncan Fulton | C/O Restaurant Brands International Inc. 5707 Blue Lagoon Drive Miami FL 33126 | Chief Corporate Officer | 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 | 18,557 | $0.00 | 38,040 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2024-02-20 | 9,934 | $76.46 | 28,106 | 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 | 18,557 | $0.00 | 18,557 | $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 Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Shares | Option (Right to Buy) | $63.64 | 2028-08-03 | 60,000 | 60,000 | Direct | |
| Common Shares | Option (Right to Buy) | $66.31 | 2025-02-21 | 2030-02-21 | 15,000 | 15,000 | Direct |
| Common Shares | Restricted Share Units | $0.00 | 3,039 | 3,039 | Direct | ||
| Common Shares | Performance Share Units | $0.00 | 2024-02-22 | 2024-02-22 | 59,490 | 59,490 | Direct |
| Common Shares | Performance Share Units | $0.00 | 2025-02-21 | 2025-02-21 | 28,879 | 28,879 | Direct |
| Common Shares | Restricted Share Units | $0.00 | 1,855 | 1,855 | Direct | ||
| Common Shares | Restricted Share Units | $0.00 | 6,015 | 6,015 | Direct | ||
| Common Shares | Performance Share Units | $0.00 | 2025-02-25 | 2025-02-25 | 26,191 | 26,191 | Direct |
| Common Shares | Restricted Share Units | $0.00 | 6,878 | 6,878 | Direct | ||
| Common Shares | Performance Share Units | $0.00 | 2026-02-22 | 2026-02-22 | 22,458 | 22,458 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2028-08-03 | 60,000 | 60,000 | Direct |
| 2030-02-21 | 15,000 | 15,000 | Direct |
| 3,039 | 3,039 | Direct | |
| 2024-02-22 | 59,490 | 59,490 | Direct |
| 2025-02-21 | 28,879 | 28,879 | Direct |
| 1,855 | 1,855 | Direct | |
| 6,015 | 6,015 | Direct | |
| 2025-02-25 | 26,191 | 26,191 | Direct |
| 6,878 | 6,878 | Direct | |
| 2026-02-22 | 22,458 | 22,458 | Direct |
Footnotes
- Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance share units.
- The reported shares were sold in Canadian dollars at a price of CAD$103.36 per share. The purchase price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date.
- 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 ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date.
- 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 25, 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, 2022 and to the extent earned will vest 100% on February 25, 2025. 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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