Filing Details
- Accession Number:
- 0001209191-21-030994
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-07 13:00:00
- Reporting Period:
- 2021-05-05
- Accepted Time:
- 2021-05-07 17:30:40
- 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 |
|---|---|---|---|---|---|---|---|
| 1551400 | S Daniel Schwartz | 130 King Street West Suite 300 Toronto A6 M5X 1E1 | Yes | 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 | 2021-05-05 | 280,875 | $42.26 | 744,061 | No | 4 | M | Indirect | By LLC |
| Common Shares | Disposition | 2021-05-05 | 254,706 | $69.03 | 489,355 | No | 4 | S | Indirect | By LLC |
| Common Shares | Acquisiton | 2021-05-06 | 135,278 | $42.26 | 624,633 | No | 4 | M | Indirect | By LLC |
| Common Shares | Acquisiton | 2021-05-06 | 177,887 | $33.67 | 802,520 | No | 4 | M | Indirect | By LLC |
| Common Shares | Disposition | 2021-05-06 | 231,178 | $68.25 | 571,342 | No | 4 | S | Indirect | By LLC |
| Common Shares | Disposition | 2021-05-06 | 46,209 | $69.03 | 525,133 | No | 4 | S | Indirect | By LLC |
| Common Shares | Disposition | 2021-05-06 | 3,714 | $69.82 | 521,419 | No | 4 | S | Indirect | By LLC |
| Common Shares | Acquisiton | 2021-05-07 | 72,113 | $33.67 | 593,532 | No | 4 | M | Indirect | By LLC |
| Common Shares | Disposition | 2021-05-07 | 64,346 | $69.14 | 529,186 | No | 4 | S | Indirect | By LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | By LLC |
| No | 4 | S | Indirect | By LLC |
| No | 4 | M | Indirect | By LLC |
| No | 4 | M | Indirect | By LLC |
| No | 4 | S | Indirect | By LLC |
| No | 4 | S | Indirect | By LLC |
| No | 4 | S | Indirect | By LLC |
| No | 4 | M | Indirect | By LLC |
| No | 4 | S | Indirect | By LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Option (right to buy) | Disposition | 2021-05-05 | 280,875 | $0.00 | 280,875 | $42.26 |
| Common Shares | Option (right to buy) | Disposition | 2021-05-06 | 135,278 | $0.00 | 135,278 | $42.26 |
| Common Shares | Option (right to buy) | Disposition | 2021-05-06 | 177,887 | $0.00 | 177,887 | $33.67 |
| Common Shares | Option (right to buy) | Disposition | 2021-05-07 | 72,113 | $0.00 | 72,113 | $33.67 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 135,278 | 2025-03-05 | No | 4 | M | Indirect | |
| 0 | 2025-03-05 | No | 4 | M | Indirect | |
| 72,113 | 2026-02-25 | No | 4 | M | Indirect | |
| 0 | 2026-02-25 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Shares | 1,617 | Direct | |
| Common Shares | 854,570 | Indirect | By LLC |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Shares | Exchangeable units | $0.00 | 14,296 | 14,296 | Indirect | ||
| Common Shares | Exchangeable units | $0.00 | 123,700 | 123,700 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 14,296 | 14,296 | Indirect | |
| 123,700 | 123,700 | Indirect |
Footnotes
- The securities are held by Miami Restaurant Holdings LLC. The Reporting Person holds all voting and dispositive power for these securities. The Reporting Person disclaims beneficial ownership of the securities held by Miami Restaurant Holdings LLC except to the extent of his pecuniary interest therein.
- The Reporting Person sold the shares primarily to pay the exercise price of the options exercised and cover applicable taxes.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $68.81 to $69.81 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.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $67.66 to $68.65 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.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $68.66 to $69.60 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.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $69.68 to $70.02 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.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $68.71 to $69.32 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.
- The securities are held by Ameco Food Holdings LLC. The Reporting Person holds all voting and dispositive power for these securities. The Reporting Person disclaims beneficial ownership of the securities held by Ameco Food Holdings LLC except to the extent of his pecuniary interest therein.
- 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 Restaurant Brands 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 certain circumstances). This conversion right has no expiration date.
- These options are immediately exercisable.
Billionaire Hedge Funds
