Filing Details

Accession Number:
0000950170-23-071609
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-19 17:34:12
Reporting Period:
2023-12-15
Accepted Time:
2023-12-19 17:34:12
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
1594977 Mr Axel Schwan 130 King Street West
Suite 300
Toronto A6 M5X 1E1
Pres., Tim Hortons Americas No 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 2023-12-15 4,017 $0.00 110,322 No 4 M Direct
Common Shares Disposition 2023-12-15 2,150 $73.68 108,171 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2023-12-15 4,017 $0.00 4,017 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,050 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares Option (Right to Buy) $58.44 2028-02-22 40,000 40,000 Direct
Common Shares Option (Right to Buy) $64.75 2024-02-22 2029-02-21 30,000 30,000 Direct
Common Shares Restricted Share Units $0.00 6,347 6,347 Direct
Common Shares Option (Right to Buy) $66.31 2025-02-21 2030-02-20 56,000 56,000 Direct
Common Shares Restricted Share Units $0.00 3,114 3,114 Direct
Common Shares Performance Share Units $0.00 2025-02-21 2025-02-21 45,882 45,882 Direct
Common Shares Restricted Share Units $0.00 4,840 4,840 Direct
Common Shares Restricted Share Units $0.00 4,316 4,316 Direct
Common Shares Performance Share Units $0.00 2024-02-19 2024-02-19 29,480 29,480 Direct
Common Shares Restricted Share Units $0.00 11,096 11,096 Direct
Common Shares Performance Share Units $0.00 2025-02-25 2025-02-25 41,997 41,997 Direct
Common Shares Performance Share Units $0.00 2026-02-22 2026-02-22 75,592 75,592 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-02-22 40,000 40,000 Direct
2029-02-21 30,000 30,000 Direct
6,347 6,347 Direct
2030-02-20 56,000 56,000 Direct
3,114 3,114 Direct
2025-02-21 45,882 45,882 Direct
4,840 4,840 Direct
4,316 4,316 Direct
2024-02-19 29,480 29,480 Direct
11,096 11,096 Direct
2025-02-25 41,997 41,997 Direct
2026-02-22 75,592 75,592 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 restricted share unit represents a contingent right to receive one common share.
  3. These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
  4. These options are fully vested and exercisable.
  5. These restricted share units vest on December 31, 2023.
  6. These restricted share units vest on December 31, 2024.
  7. 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.
  8. These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 2023.
  9. These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
  10. The shares reported represent an award of performance based restricted share untes ("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.
  11. These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
  12. 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, 2024 and to the extent earned will vest 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.
  13. 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 January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026. 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.