Thomas Benjamin Curtis Sells $117K of Restaurant Brands International Inc (QSR) — SEC Form 4, Dec 22, 2022

Open-Market Net Sale · SEC Form 4
−$116,888

Equity position changed by +51.3%

Reporting Owner
TXN 2022-12-21 · FILED 2022-12-22
Equity Position 10.1K sh 6,645 → 10,055
Equity Change +51.3% 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
2022-12-22
Report Date
2022-12-15
Accession No.
0001209191-22-062475
Accepted At
2022-12-22 22:16 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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Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common Shares 2022-12-15 M - Exercise 5,194.7221 A $0.00 — 10,055.046 Direct
Common SharesF1 2022-12-21 S - Sale 1,784.3871 D $65.52 -$116,913 8,270.6589 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF2F5F5 2022-12-15 M - Exercise 5,194.7221 D $0.00 5,194.7221 Common Shares Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Restricted Share UnitsF2F3F3 Common Shares 11,885.1339
Performance Share UnitsF4 Common Shares 15,717.4932 2024-09-01
Performance Share UnitsF6 Common Shares 15,584.1662 2024-12-15
Restricted Share UnitsF2F7F7 Common Shares 9,415.1709
Performance Share UnitsF8 Common Shares 40,661.1285 2025-02-25
Footnotes (8)
F1
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
F2
Each restricted share unit represents a contingent right to receive one common share. Show more
F3
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
F4
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
F5
These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024. Show more
F6
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
F7
These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
F8
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
Remarks

President, Burger King US & Canada

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5%+ Holders · 13D/G 4 filers
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