Thomas Benjamin Curtis Sells $205K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 08, 2024

Open-Market Net Sale · SEC Form 4
−$205,231

Equity position changed by -10.2%

Reporting Owner
TXN 2024-01-05 · FILED 2024-01-08
Equity Position 23.3K sh 25,957 → 23,322
Equity Change -10.2% shares held after vs before
Filing Lag 1 business day within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2024-01-08
Report Date
2024-01-04
Accession No.
0000950170-24-003159
Accepted At
2024-01-09 00:45 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
More from this insider at Restaurant Brands International Inc
2026-10-06 Award — View
2026-08-25 Sell -$5,166,048 View
2026-07-09 Award — View
2026-04-06 Award — View
2026-02-27 Award — View
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 SharesF1 2024-01-04 A - Award/Grant 46.9589 A $0.00 — 26,003.8833 Direct
Common SharesF2 2024-01-05 S - Sale 2,681.781 D $76.55 -$205,290 23,322.1023 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF3F4F5F5 2024-01-04 A - Award/Grant 29.4573 A $0.00 29.4573 Common Shares Direct
Restricted Share UnitsF3F4F8F8 2024-01-04 A - Award/Grant 38.6253 A $0.00 38.6253 Common Shares Direct
Restricted Share UnitsF3F4F10F10 2024-01-04 A - Award/Grant 35.0032 A $0.00 35.0032 Common Shares Direct
Restricted Share UnitsF3F4F12F12 2024-01-04 A - Award/Grant 50.2448 A $0.00 50.2448 Common Shares Direct
Performance Share UnitsF6F7 2024-01-04 A - Award/Grant 116.8673 A $0.00 2024-09-01 116.8673 Common Shares Direct
Performance Share UnitsF9F7 2024-01-04 A - Award/Grant 115.8759 A $0.00 2024-12-15 115.8759 Common Shares Direct
Performance Share UnitsF11F7 2024-01-04 A - Award/Grant 302.3354 A $0.00 2025-02-25 302.3354 Common Shares Direct
Performance Share UnitsF13F7 2024-01-04 A - Award/Grant 326.5099 A $0.00 2026-02-22 326.5099 Common Shares Direct
Footnotes (13)
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. Show more
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. Show more
F3
Each restricted share unit represents a contingent right to receive one common share. Show more
F4
Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate. 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
Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance baserd restricted share units to which they relate. Show more
F8
These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024. Show more
F9
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
F10
These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
F11
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
F12
These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
F13
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
Other insiders at Restaurant Brands International Inc
All Restaurant Brands International Inc insider activity
GET /v1/forms/4/0000950170-24-003159 API docs
View Original SEC Filing