Thomas Benjamin Curtis Sells $149K of Restaurant Brands International Inc (QSR) — SEC Form 4, Jan 06, 2023

Open-Market Net Sale · SEC Form 4
−$149,137

Equity position changed by -15.4%

Reporting Owner
TXN 2023-01-04 · FILED 2023-01-06
Equity Position 12.3K sh 14,586 → 12,345
Equity Change -15.4% 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
2023-01-06
Report Date
2023-01-04
Accession No.
0001209191-23-002455
Accepted At
2023-01-06 23:26 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 2023-01-04 A - Award/Grant 52.874 A $0.00 — 14,639.0369 Direct
Common SharesF2 2023-01-04 S - Sale 2,293.6712 D $65.04 -$149,180 12,345.3657 Direct
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Performance Share UnitsF9F7 2023-01-04 A - Award/Grant 130.4721 A $0.00 2024-12-15 130.4721 Common Shares Direct
Restricted Share UnitsF3F4F10F10 2023-01-04 A - Award/Grant 59.1185 A $0.00 59.1185 Common Shares Direct
Performance Share UnitsF11F7 2023-01-04 A - Award/Grant 340.4188 A $0.00 2025-02-25 340.4188 Common Shares Direct
Restricted Share UnitsF3F4F5F5 2023-01-04 A - Award/Grant 66.3356 A $0.00 66.3356 Common Shares Direct
Restricted Share UnitsF3F4F8F8 2023-01-04 A - Award/Grant 86.9814 A $0.00 86.9814 Common Shares Direct
Performance Share UnitsF6F7 2023-01-04 A - Award/Grant 131.5883 A $0.00 2024-09-01 131.5883 Common Shares Direct
Footnotes (11)
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 based 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 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
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
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/4/0001209191-23-002455 API docs
View Original SEC Filing