Axel Mr Schwan Sells $509K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 07, 2022

Open-Market Net Sale · SEC Form 4
−$509,232

Equity position changed by -6.4%

Reporting Owner
Officer
TXN 2022-01-05 · FILED 2022-01-07
Equity Position 125K sh 133,072 → 124,527
Equity Change -6.4% 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.
0001209191-22-002517
Accepted At
2022-01-07 22:50 UTC
Reporting Owner
Name Relationship
Axel Mr Schwan CIK 0001594977
Officer
Axel Mr Schwan at Restaurant Brands International Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $7,592,980
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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 142.0167 A $0.00 — 133,215.1908 Direct
Common SharesF2 2022-01-05 S - Sale 8,687.3748 D $58.62 -$509,254 124,527.816 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF3F4F4 2022-01-05 A - Award/Grant 59.0073 A $0.00 59.0073 Common Shares Direct
Performance Share UnitsF10 2022-01-05 A - Award/Grant 247.8353 A $0.00 2024-02-19 247.8353 Common Shares Direct
Restricted Share UnitsF3F5F5 2022-01-05 A - Award/Grant 53.3548 A $0.00 53.3548 Common Shares Direct
Restricted Share UnitsF3F6F6 2022-01-05 A - Award/Grant 26.1809 A $0.00 26.1809 Common Shares Direct
Restricted Share UnitsF3F8F8 2022-01-05 A - Award/Grant 81.3787 A $0.00 81.3787 Common Shares Direct
Restricted Share UnitsF3F9F9 2022-01-05 A - Award/Grant 54.4313 A $0.00 54.4313 Common Shares Direct
Performance Share UnitsF7 2022-01-05 A - Award/Grant 385.7228 A $0.00 2025-02-21 385.7228 Common Shares Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Option (right to buy) Common Shares 40,000 $58.44 2028-02-22
Option (right to buy) Common Shares 30,000 $64.75 2029-02-21
Option (right to buy) Common Shares 56,000 $66.31 2030-02-20
Footnotes (10)
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 on December 31, 2022. Show more
F5
These restricted share units vest on December 31, 2023. Show more
F6
These restricted share units vest on December 31, 2024. Show more
F7
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
F8
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. Show more
F9
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
F10
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
5%+ Holders · 13D/G 4 filers
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