Filing Details

Accession Number:
0001209191-21-021443
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-17 17:28:29
Reporting Period:
2021-03-15
Accepted Time:
2021-03-17 17:28:29
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
1801288 Fernando Machado 130 King Street West
Suite 300
Toronto A6 M5X 1E1
Chief Marketing 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 2021-03-15 123,000 $27.28 134,992 No 4 M Direct
Common Stock Acquisiton 2021-03-15 11,420 $42.26 146,412 No 4 M Direct
Common Stock Acquisiton 2021-03-15 39,281 $42.26 185,693 No 4 M Direct
Common Stock Disposition 2021-03-15 120,490 $64.01 65,203 No 4 S Direct
Common Stock Acquisiton 2021-03-16 719 $42.26 65,922 No 4 M Direct
Common Stock0 Disposition 2021-03-16 571 $64.00 65,351 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
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 Option (right to buy) Disposition 2021-03-15 123,000 $0.00 123,000 $27.28
Common Shares Option (right to buy) Disposition 2021-03-15 11,420 $0.00 11,420 $42.26
Common Shares Option (right to buy) Disposition 2021-03-15 39,281 $0.00 39,281 $42.26
Common Shares Option (right to buy) Disposition 2021-03-16 719 $0.00 719 $42.26
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-03-06 No 4 M Direct
0 2025-03-05 No 4 M Direct
719 2025-03-05 No 4 M Direct
0 2025-03-05 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares Restricted Share Units $0.00 5,601 5,601 Direct
Common Shares Option (right to buy) $58.44 2023-02-23 2028-02-22 40,000 40,000 Direct
Common Shares Restricted Share Units $0.00 4,396 4,396 Direct
Common Shares Performance Share Units $0.00 2024-02-22 2024-02-22 201,699 201,699 Direct
Common Shares Restricted Share Units $0.00 6,081 6,081 Direct
Common Shares Restricted Share Units $0.00 11,093 11,093 Direct
Common Shares Restricted Share Units $0.00 16,500 16,500 Direct
Common Shares Restricted Share Units $0.00 14,011 14,011 Direct
Common Shares Performance Share Units $0.00 2024-02-19 2024-02-19 33,500 33,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,601 5,601 Direct
2028-02-22 40,000 40,000 Direct
4,396 4,396 Direct
2024-02-22 201,699 201,699 Direct
6,081 6,081 Direct
11,093 11,093 Direct
16,500 16,500 Direct
14,011 14,011 Direct
2024-02-19 33,500 33,500 Direct
Footnotes
  1. The Reporting Person exercised these option in order to retain ownership of all shares, less those required to be sold to pay the exercise price and applicable taxes.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $64.00 to $64.06 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 separate price.
  3. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $64.00 to $64.03 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 separate price.
  4. These options are immediately exercisable.
  5. Each restricted share unit represents a contingent right to receive one common share.
  6. These restricted share units vest on December 31, 2021.
  7. These restricted share units vest on December 31, 2022.
  8. The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest on February 21, 2024, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition.
  9. These restricted share units vest on December 31, 2023.
  10. These restricted share units vest on December 31, 2024.
  11. These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 2023.
  12. These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
  13. 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, 2023 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.