Filing Details

Accession Number:
0001209191-22-002518
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-07 17:51:12
Reporting Period:
2022-01-05
Accepted Time:
2022-01-07 17:51:12
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 130 King Street West
Suite 300
Toronto A6 M5X 1E1
Coo 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 2022-01-05 381 $0.00 356,739 No 4 A Direct
Common Shares Disposition 2022-01-05 16,837 $58.62 339,902 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A 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 Acquisiton 2022-01-05 175 $0.00 175 $0.00
Common Shares Restricted Share Units Acquisiton 2022-01-05 132 $0.00 132 $0.00
Common Shares Performance Share Units Acquisiton 2022-01-05 2,235 $0.00 2,235 $0.00
Common Shares Restricted Share Units Acquisiton 2022-01-05 139 $0.00 139 $0.00
Common Shares Performance Share Units Acquisiton 2022-01-05 1,929 $0.00 1,929 $0.00
Common Shares Restricted Share Units Acquisiton 2022-01-05 254 $0.00 254 $0.00
Common Shares Restricted Share Units Acquisiton 2022-01-05 136 $0.00 136 $0.00
Common Shares Performance Share Units Acquisiton 2022-01-05 774 $0.00 774 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
19,616 No 4 A Direct
14,789 No 4 A Direct
249,950 2024-02-22 2024-02-22 No 4 A Direct
15,591 No 4 A Direct
215,714 2025-02-21 2025-02-21 No 4 A Direct
28,444 No 4 A Direct
15,197 No 4 A Direct
86,625 2024-02-19 2024-02-19 No 4 A 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) $42.26 2025-03-05 35,494 35,494 Direct
Common Shares Option (right to buy) $42.26 2025-03-05 300,000 300,000 Direct
Common Shares Option (right to buy) $56.92 2022-05-05 2027-05-04 200,000 200,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,413 5,413 Direct
2025-03-05 35,494 35,494 Direct
2025-03-05 300,000 300,000 Direct
2027-05-04 200,000 200,000 Direct
Footnotes
  1. Represents shares settled from dividend equivalent rights that accrued on a vested restricted share unit award in respect of dividends that were paid after the vesting of the award with a record date prior to the vesting of the award.
  2. Represents shares sold to cover withholding tax obligations on the settlement of the previously reported vesting of the Reporting Person's restricted share units.
  3. 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.
  4. These options are immediately exerciseable.
  5. Each restricted share unit represents a contingent right to receive one common share.
  6. These restricted share units vest on December 31, 2022.
  7. These restricted share units vest on December 31, 2023.
  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, 2024.
  10. The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest on February 21, 2025, 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.
  11. Each restricted share unit represents a contingent right to receive one common share.
  12. These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023.
  13. These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
  14. 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.