Duncan Fulton Exercises Options at Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 03, 2024

SEC Form 4 · No Market Transaction
Option Exercise

Derivative exercise — no open market transaction.

Reporting Owner
Duncan Fulton
Officer
TXN 2023-12-31 · FILED 2024-01-03
Equity Position 25.4K sh 14,331 → 25,397
Equity Change +77.2% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership

Restaurant Brands International Inc

QSR CIK 0001618756
All Restaurant Brands International Inc insider activity
Filing Date
2024-01-03
Report Date
2023-12-31
Accession No.
0000950170-24-001187
Accepted At
2024-01-03 22:30 UTC
Reporting Owner
Name Relationship
Duncan Fulton CIK 0001908102
Officer
Duncan Fulton at Restaurant Brands International Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $1,065,856
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Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common SharesF1 2023-12-31 M - Exercise 3,214.3157 A — 17,544.5053 Direct
Common SharesF1 2023-12-31 M - Exercise 3,024.9003 A — 20,569.4056 Direct
Common SharesF1 2023-12-31 M - Exercise 1,841.3393 A — 22,410.7449 Direct
Common SharesF1 2023-12-31 M - Exercise 2,987.2408 A — 25,397.9857 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF2F4F4 2023-12-31 M - Exercise 3,024.9003 D $0.00 3,024.9003 Common Shares Direct
Restricted Share UnitsF2F3F3 2023-12-31 M - Exercise 3,214.3157 D $0.00 3,214.3157 Common Shares Direct
Restricted Share UnitsF2F5F5 2023-12-31 M - Exercise 1,841.3393 D $0.00 1,841.3393 Common Shares Direct
Restricted Share UnitsF2F6F6 2023-12-31 M - Exercise 2,987.2408 D $0.00 2,987.2408 Common Shares Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Option (Right to Buy)F7 Common Shares 60,000 $63.64 2028-08-03
Option (Right to Buy) Common Shares 15,000 $66.31 2030-02-21
Restricted Share UnitsF2F8F8 Common Shares 3,017.5572
Restricted Share UnitsF2F13F13 Common Shares 6,828.7439
Performance Share UnitsF9 Common Shares 59,064.9699 2024-02-22
Performance Share UnitsF10 Common Shares 28,673.1014 2025-02-21
Performance Share UnitsF11 Common Shares 18,424.3928 2024-02-19
Performance Share UnitsF12 Common Shares 26,003.921 2025-02-25
Performance Share UnitsF14 Common Shares 22,297.1239 2026-02-22
Footnotes (14)
F1
Represents the vesting of the Reporting Person's restricted share units, which will settle shortly thereafter. Any shares that are withheld or sold to satisfy tax obligations will be reported separately in connection with the settlement. Show more
F2
Each restricted share unit represents a contingent right to receive one common share. Show more
F3
These restricted share units vest on December 31, 2023. Show more
F4
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. 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
These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
F7
These options are fully vested and exercisable. Show more
F8
These restricted share units vest on December 31, 2024. Show more
F9
The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs have a performance period ending December 31, 2021 and will vest on February 22, 2024, which is the fifth anniversary of the grant date. Show more
F10
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. Show more
F11
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. Show more
F12
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. Show more
F13
These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
F14
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

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5%+ Holders · 13D/G 4 filers

Latest Schedule 13D/G per filer; stakes the filer reported closed are left out.

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