Axel Mr Schwan Receives Stock Award at Restaurant Brands International Inc (QSR) — SEC Form 4, Oct 06, 2023

SEC Form 4 · No Market Transaction
Stock Award

Compensation grant — no market purchase or sale.

Reporting Owner
Officer
TXN 2023-10-04 · FILED 2023-10-06
Equity Position 106K sh 106,304 → 106,304
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2023-10-06
Report Date
2023-10-04
Accession No.
0001209191-23-052343
Accepted At
2023-10-06 20:51 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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Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF1F2F3F3 2023-10-04 A - Award/Grant 54.3539 A $0.00 54.3539 Common Shares Direct
Restricted Share UnitsF1F2F4F4 2023-10-04 A - Award/Grant 26.6712 A $0.00 26.6712 Common Shares Direct
Performance Share UnitsF5F6 2023-10-04 A - Award/Grant 392.9454 A $0.00 2025-02-21 392.9454 Common Shares Direct
Restricted Share UnitsF1F2F7F7 2023-10-04 A - Award/Grant 41.4513 A $0.00 41.4513 Common Shares Direct
Restricted Share UnitsF1F2F8F8 2023-10-04 A - Award/Grant 36.967 A $0.00 36.967 Common Shares Direct
Performance Share UnitsF9F6 2023-10-04 A - Award/Grant 252.476 A $0.00 2024-02-19 252.476 Common Shares Direct
Restricted Share UnitsF1F2F10F10 2023-10-04 A - Award/Grant 95.0332 A $0.00 95.0332 Common Shares Direct
Performance Share UnitsF11F6 2023-10-04 A - Award/Grant 359.6765 A $0.00 2025-02-25 359.6765 Common Shares Direct
Restricted Share UnitsF1F2F12F12 2023-10-04 A - Award/Grant 137.6018 A $0.00 137.6018 Common Shares Direct
Performance Share UnitsF13F6 2023-10-04 A - Award/Grant 647.3932 A $0.00 2026-02-22 647.3932 Common Shares Direct
Non-Derivative Holdings
Title Shares Held Ownership
Common Shares 106,304.5726 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 (13)
F1
Each restricted share unit represents a contingent right to receive one common share. Show more
F2
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
F3
These restricted share units vest on December 31, 2023. Show more
F4
These restricted share units vest on December 31, 2024. Show more
F5
The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date. Show more
F6
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 baserd restricted share units to which they relate. Show more
F7
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. Show more
F8
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
F9
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
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
F12
These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
F13
The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026. 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
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