Filing Details

Accession Number:
0001618756-24-000140
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-08-27 17:02:09
Reporting Period:
2024-08-23
Accepted Time:
2024-08-27 17:02:09
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 Disposition 2024-08-23 24,099 $70.12 109,380 No 4 S Direct
Common Shares Disposition 2024-08-23 11,901 $71.10 97,479 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S 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 2028-02-22 40,000 40,000 Direct
Common Shares Option (Right to Buy) $64.75 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
Common Shares Restricted Share Units $0.00 3,187 3,187 Direct
Common Shares Performance Share Units $0.00 2025-02-21 2025-02-21 46,948 46,948 Direct
Common Shares Restricted Share Units $0.00 2,208 2,208 Direct
Common Shares Restricted Share Units $0.00 7,569 7,569 Direct
Common Shares Performance Share Units $0.00 2025-02-25 2025-02-25 42,973 42,973 Direct
Common Shares Restricted Share Units $0.00 12,330 12,330 Direct
Common Shares Performance Share Units $0.00 2026-02-22 2026-02-22 77,348 77,348 Direct
Common Shares Restricted Share Units $0.00 13,574 13,574 Direct
Common Shares Performance Share Units $0.00 2027-03-15 2027-03-15 53,909 53,909 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
3,187 3,187 Direct
2025-02-21 46,948 46,948 Direct
2,208 2,208 Direct
7,569 7,569 Direct
2025-02-25 42,973 42,973 Direct
12,330 12,330 Direct
2026-02-22 77,348 77,348 Direct
13,574 13,574 Direct
2027-03-15 53,909 53,909 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $70.00 to $70.41 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 price.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $71.10 to $71.13 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 price.
  3. These options are fully vested and exercisable.
  4. Each restricted share unit represents a contingent right to receive one common share.
  5. These restricted share units vest on December 31, 2024.
  6. 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.
  7. These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
  8. These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
  9. 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 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.
  10. These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
  11. 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.
  12. These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
  13. The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. 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.