Form 4 for QSR Restaurant Brands International Inc.
Accepted 2024-09-04 00:00:00 ET · period of report 2024-09-01 · accession 0001618756-24-000146 · 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 | 2024-09-04 | 2024-09-01 | QSR | CURTIS THOMAS BENJAMIN | See Remarks | M - OptEx | — | +16.6K | 43.7K | +61% | — |
| D | 2024-09-04 | 2024-09-03 | QSR | CURTIS THOMAS BENJAMIN | See Remarks | S - Sale+OE | $68.63 | -6,536 | 37.2K | -15% | -$448.6K |
| D | 2024-09-04 | 2024-09-01 | QSR | CURTIS THOMAS BENJAMIN | See Remarks | M - OptEx | $0.00 | -16.6K | 0 | -100% | $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 | 2024-09-01 | M | A | 16,611.09 | — | 43,715.19 | D | — | — | (F1) On September 1, 2024, 16,611.0901 of the Reporting Person's performance based restricted share units vested. |
| 2 | Common | Common Shares | 2024-09-03 | S | D | 6,536.46 | $68.63 | 37,178.73 | D | — | — | (F2) Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance based restricted share units. (F3) Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $68.51 to $68.77 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 | Derivative | Performance Share Units | 2024-09-01 | M | D | 16,611.09 | $0.00 | 0 | D | — · 2024-09-01 to 2024-09-01 | 16,611.09 Common Shares | (F6) The shares reported represent an award of performance based restricted share units ("2021-1 PBRSUs") granted to the Reporting Person. The 2021-1 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on September 1, 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. |