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
- Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's restricted share units.
- 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.
- 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 ("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 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, 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 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.
- These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
- 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.