Filing Details

Accession Number:
0001618756-24-000209
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-17 17:04:41
Reporting Period:
2024-12-15
Accepted Time:
2024-12-17 17:04:41
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 C/O Restaurant Brands International Inc.
130 King Street West; Suite 300
Toronto A6 M5X 1E1
Chief Executive Officer 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 2024-12-15 6,846 $0.00 682,445 No 4 M Direct
Common Shares Disposition 2024-12-16 2,684 $67.76 679,761 No 4 S Direct
Common Shares Acquisiton 2024-12-15 7,851 $0.00 687,611 No 4 M Direct
Common Shares Disposition 2024-12-16 3,078 $67.76 684,534 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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 Restricted Share Units Disposition 2024-12-15 6,846 $0.00 6,846 $0.00
Common Shares Restricted Share Units Disposition 2024-12-15 7,851 $0.00 7,851 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,692 No 4 M Direct
23,553 No 4 M 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) $56.92 2027-05-04 200,000 200,000 Direct
Common Shares Restricted Share Units $0.00 17,104 17,104 Direct
Common Shares Performance Share Units $0.00 2025-02-21 2025-02-21 236,658 236,658 Direct
Common Shares Restricted Share Units $0.00 5,558 5,558 Direct
Common Shares Restricted Share Units $0.00 16,788 16,788 Direct
Common Shares Performance Share Units $0.00 2025-02-25 2025-02-25 135,391 135,391 Direct
Common Shares Performance Share Units $0.00 2028-05-21 2028-05-21 316,995 316,995 Direct
Common Shares Performance Share Units $0.00 2027-03-15 2027-03-15 122,288 122,288 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,413 5,413 Direct
2027-05-04 200,000 200,000 Direct
17,104 17,104 Direct
2025-02-21 236,658 236,658 Direct
5,558 5,558 Direct
16,788 16,788 Direct
2025-02-25 135,391 135,391 Direct
2028-05-21 316,995 316,995 Direct
2027-03-15 122,288 122,288 Direct
Footnotes
  1. Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's restricted share units.
  2. 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.
  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, 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.
  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 February 22, 2023 and ending May 21, 2028 and to the extent earned will vest on May 28, 2028, 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.