Christopher L. Finazzo Receives Stock Award at Restaurant Brands International Inc (QSR) — SEC Form 4, Feb 23, 2021
SEC Form 4 · No Market Transaction
Stock Award
Compensation grant — no market purchase or sale.
Equity Position
7.12K sh
4,973 → 7,117
Equity Change
+43.1%
shares held after vs before
Filing Lag
2 business days
within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Reporting Owner
| Name | Relationship |
|---|---|
| Christopher L. Finazzo CIK 0001801406 |
President
|
Christopher L. Finazzo at Restaurant Brands International Inc
Full insider history
Bought (12 mo)
—
Sold (12 mo)
—
More from this insider at Restaurant Brands International Inc
| 2021-04-08 | Award | — | View |
| 2021-01-07 | Sell | -$43,034 | View |
| 2021-01-05 | Exercise | — | View |
Non-Derivative Securities Transactions
Derivative Securities Transactions
| Title | Strike | Date | Type | Shares | Price | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4F17F17 | 2021-02-19 | A - Award/Grant | 9,900 A | $0.00 | 9,900 Common Shares | Direct | ||
| Restricted Share UnitsF4F18F19F19 | 2021-02-19 | A - Award/Grant | 7,148 A | $0.00 | 7,148 Common Shares | Direct | ||
| Performance Share UnitsF20 | 2021-02-19 | A - Award/Grant | 20,100 A | $0.00 | 2024-02-19 | 20,100 Common Shares | Direct |
Derivative Holdings
| Title | Amount | Exercise Price | Expiration |
|---|---|---|---|
| Option (right to buy) Common Shares | 25,000 | $66.31 | 2030-02-20 |
| Option (right to buy)F3 Common Shares | 129 | $42.26 | 2025-03-05 |
| Option (right to buy)F3 Common Shares | 20,000 | $42.26 | 2025-03-05 |
| Option (right to buy) Common Shares | 20,000 | $33.67 | 2026-02-25 |
| Restricted Share UnitsF4F5F5F6 Common Shares | 1,324.6343 | ||
| Option (right to buy) Common Shares | 10,000 | $55.55 | 2027-02-23 |
| Performance Share UnitsF7F8 Common Shares | 89,547.9888 | 2023-02-23 | |
| Restricted Share UnitsF4F9F9F10 Common Shares | 1,075.1102 | ||
| Option (right to buy) Common Shares | 40,000 | $64.75 | 2029-02-21 |
| Restricted Share UnitsF4F11F11F12 Common Shares | 4,981.2695 | ||
| Restricted Share UnitsF4F13F13F14 Common Shares | 3,505.7804 | ||
| Performance Share UnitsF15F16 Common Shares | 26,069.1583 | 2025-02-21 |
Footnotes (20)
- F1
- The shares reported represent common shares purchased from the Issuer by the Reporting Person upon exercise of his investment rights pursuant to the Issuer's 2020 Bonus Swap Program under its Amended and Restated 2014 Omnibus Incentive Plan ("2014 Plan"). The Reporting Person elected to use 50% of his 2020 net bonus to purchase common shares at a purchase price of $60.55 per share ("Investment Shares"). Show more
- F2
- Pursuant to the Issuer's 2014 Plan, the purchase price of the Investment Shares is, and the number of matching restricted share units described in footnote 18 below pursuant to the Issuer's 2020 Bonus Swap Program is calculated based on, the last sales price of a common share of the Issuer on the New York Stock Exchange on the trading day immediately preceding the grant date, in this case February 18, 2021. Show more
- F3
- These options are immediately exercisable. Show more
- F4
- Each restricted share unit represents a contingent right to receive one common share. Show more
- F5
- These restricted share units vest on December 31, 2021. Show more
- F6
- Includes 144.6343 dividend equivalent rights that accrued on the restricted share units, which rights accrue when and as dividends are paid on the common shares underlying the 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
- F7
- The shares reported represent an award of performance based restricted share units ("2018 PBRSUs") granted to the Reporting Person. The 2018 PBRSUs had a three-year performance period beginning January 1, 2015 and ending December 31, 2018 and will vest on February 23, 2023, which is the fifth anniversary of the grant date. Show more
- F8
- Includes 8,729.4691 dividend equivalent rights that accrued on the 2018 PBRSUs, which rights accrue when and as dividends are paid on the common shares underlying the 2018 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2018 PBRSUs to which they relate. Show more
- F9
- These restricted share units vest on December 31, 2022. Show more
- F10
- Includes 105.1102 dividend equivalent rights that accrued on the restricted share units, which rights accrue when and as dividends are paid on the common shares underlying the 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
- F11
- These restricted share units vest on December 31, 2023. Show more
- F12
- Includes 343.2695 dividend equivalent rights that accrued on the restricted share units, which rights accrue when and as dividends are paid on the common shares underlying the 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
- F13
- These restricted share units vest on December 31, 2024. Show more
- F14
- Includes 143.7804 dividend equivalent rights that accrued on the restricted share units, which rights accrue when and as dividends are paid on the common shares underlying the 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
- F15
- 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. Show more
- F16
- Includes 1,069.1583 dividend equivalent rights that accrued on the 2020 PBRSUs, which rights accrue when and as dividends are paid on the common shares underlying the 2020 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2020 PBRSUs to which they relate. Show more
- F17
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. Show more
- F18
- The Issuer granted the 2021 restricted share units ("2021 RSUs") to the Reporting Person pursuant to the Issuer's 2020 Bonus Swap Program under its 2014 Plan. The Reporting Person elected to use 50% of his 2020 net bonus to purchase Investment Shares and received a matching grant of 2021 RSUs in an amount equal to 50% of his gross bonus, multiplied by a multiple based on the Reporting Person's position level with the Issuer ("RSU Multiplier"), and divided by the purchase price of $60.55 per share. The RSU Multiplier was 2.0 for executive vice presidents and above. If the Reporting Person sells any of the Investment Shares, he will forfeit all of the 2021 RSUs that have not yet vested. Show more
- F19
- These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
- F20
- 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. Show more
Remarks
President, Burger King North America
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Institutional Holders
13F holders · Jun 30, 2026
581
institutional managers reporting a position
Largest by reported value
- Capital World Investors $3.18B
- Pershing Square Holdco, L.P. $1.87B
- Royal Bank Of Canada $1.47B
5%+ Holders · 13D/G
4 filers
Other insiders at Restaurant Brands International Inc
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