Thomas Benjamin Curtis Sells $83.5K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 07, 2022

Open-Market Net Sale · SEC Form 4
−$83,534

Equity position changed by -36.5%

Reporting Owner
TXN 2022-01-05 · FILED 2022-01-07
Equity Position 2.42K sh 3,813 → 2,422
Equity Change -36.5% 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
2022-01-07
Report Date
2022-01-05
Accession No.
0001209191-22-002513
Accepted At
2022-01-07 22:47 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 SharesF1 2022-01-05 A - Award/Grant 34.4 A $0.00 — 3,847.6082 Direct
Common SharesF2 2022-01-05 S - Sale 1,425.2843 D $58.62 -$83,550 2,422.3239 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF3F4F4 2022-01-05 A - Award/Grant 103.2 A $0.00 103.2 Common Shares Direct
Performance Share UnitsF5 2022-01-05 A - Award/Grant 136.4768 A $0.00 2024-09-01 136.4768 Common Shares Direct
Restricted Share UnitsF3F6F6 2022-01-05 A - Award/Grant 135.3191 A $0.00 135.3191 Common Shares Direct
Performance Share UnitsF7 2022-01-05 A - Award/Grant 135.3191 A $0.00 2024-12-15 135.3191 Common Shares Direct
Footnotes (7)
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
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
F5
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
F6
These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024. 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 vest 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
Remarks

President, Burger King US & Canada

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5%+ Holders · 13D/G 4 filers
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