Form 4 for QSR Restaurant Brands International Inc.
Accepted 2022-01-07 00:00:00 ET · period of report 2022-01-05 · accession 0001209191-22-002519 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-07 | 2022-01-05 | QSR | Granat Jill | See Remarks | S - Sale | $58.62 | -7,869 | 320.2K | -2% | -$461.3K |
| D | 2022-01-07 | 2022-01-05 | QSR | Granat Jill | See Remarks | A - Grant | $0.00 | +176.24 | 328.0K | +0.1% | $0 |
| DM | 2022-01-07 | 2022-01-05 | QSR | Granat Jill | See Remarks | A - Grant | $0.00 | +1,314 | 11.2K | +13% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2022-01-05 | S | D | 7,868.99 | $58.62 | 320,170.91 | D | — | — | (F2) Represents shares sold to cover withholding tax obligations on the settlement of the previously reported vesting of the Reporting Person's restricted share units. |
| 2 | Common | Common Shares | 2022-01-05 | A | A | 176.24 | $0.00 | 328,039.91 | D | — | — | (F1) 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. |
| 3 | Derivative | Performance Share Units | 2022-01-05 | A | A | 185.88 | $0.00 | 20,790.11 | D | — · 2024-02-19 to 2024-02-19 | 185.88 Common Shares | (F13) 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. |
| 4 | Derivative | Restricted Share Units | 2022-01-05 | A | A | 72.76 | $0.00 | 8,138.14 | D | — · — to — | 72.76 Common Shares | (F5) Each restricted share unit represents a contingent right to receive one common share. (F12) These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. |
| 5 | Derivative | Restricted Share Units | 2022-01-05 | A | A | 61.03 | $0.00 | 6,826.60 | D | — · — to — | 61.03 Common Shares | (F5) Each restricted share unit represents a contingent right to receive one common share. (F11) These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. |
| 6 | Derivative | Performance Share Units | 2022-01-05 | A | A | 241.08 | $0.00 | 26,964.21 | D | — · 2025-02-21 to 2025-02-21 | 241.08 Common Shares | (F10) 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. |
| 7 | Derivative | Restricted Share Units | 2022-01-05 | A | A | 72.04 | $0.00 | 8,057.98 | D | — · — to — | 72.04 Common Shares | (F5) Each restricted share unit represents a contingent right to receive one common share. (F9) These restricted share units vest on December 31, 2024. |
| 8 | Derivative | Performance Share Units | 2022-01-05 | A | A | 496.60 | $0.00 | 55,544.36 | D | — · 2024-02-22 to 2024-02-22 | 496.60 Common Shares | (F8) 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 | Derivative | Restricted Share Units | 2022-01-05 | A | A | 84.94 | $0.00 | 9,500.31 | D | — · — to — | 84.94 Common Shares | (F5) Each restricted share unit represents a contingent right to receive one common share. (F7) These restricted share units vest on December 31, 2023. |
| 10 | Derivative | Restricted Share Units | 2022-01-05 | A | A | 99.91 | $0.00 | 11,175.25 | D | — · — to — | 99.91 Common Shares | (F5) Each restricted share unit represents a contingent right to receive one common share. (F6) These restricted share units vest on December 31, 2022. |