Thomas Benjamin Curtis Sells $223K of Restaurant Brands International Inc (QSR) — SEC Form 4, Dec 19, 2023

Open-Market Net Sale · SEC Form 4
−$222,956

Equity position changed by +29.8%

Reporting Owner
TXN 2023-12-15 · FILED 2023-12-19
Equity Position 20.3K sh 15,683 → 20,349
Equity Change +29.8% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2023-12-19
Report Date
2023-12-15
Accession No.
0000950170-23-071610
Accepted At
2023-12-19 22:35 UTC
Reporting Owner
Name Relationship
Thomas Benjamin Curtis CIK 0001804729
President
Thomas Benjamin Curtis at Restaurant Brands International Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $6,828,977
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All filings by this insider at Restaurant Brands International Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common Shares 2023-12-15 M - Exercise 5,365.4054 A $0.00 — 20,133.7711 Direct
Common Shares 2023-12-15 M - Exercise 2,327.168 A $0.00 — 20,349.6521 Direct
Common SharesF1 2023-12-15 S - Sale 2,111.287 D $73.68 -$155,560 18,022.4841 Direct
Common SharesF1 2023-12-15 S - Sale 915.7407 D $73.68 -$67,472 19,433.9114 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF2F3F3 2023-12-15 M - Exercise 5,365.4054 D $0.00 5,365.4054 Common Shares Direct
Restricted Share UnitsF2F4F4 2023-12-15 M - Exercise 2,327.168 D $0.00 2,327.168 Common Shares Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Performance Share UnitsF10 Common Shares 45,355.1932 2026-02-22
Restricted Share UnitsF2F5F5 Common Shares 8,183.7631
Restricted Share UnitsF2F8F8 Common Shares 7,293.3943
Performance Share UnitsF6 Common Shares 16,233.924 2024-09-01
Performance Share UnitsF7 Common Shares 16,096.2163 2024-12-15
Performance Share UnitsF9 Common Shares 41,997.1341 2025-02-25
Footnotes (10)
F1
Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's restricted share units. Show more
F2
Each restricted share unit represents a contingent right to receive one common share. Show more
F3
These restricted share units vest in equal installments on December 15, 2022, December 31, 2023 and December 31, 2024. Show more
F4
These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
F5
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
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. Show more
F7
The shares reported represent an award of performance based restricted share units ("2021-2 PBRSUs") granted to the Reporting Person. The 2021-2 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will best on December 15, 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. Show more
F8
These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 25, 2025. Show more
F9
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 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. Show more
F10
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. Show more
Remarks

President, Burger King US & Canada

Show more
5%+ Holders · 13D/G 4 filers
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