Duncan Fulton 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
Duncan Fulton
Officer
TXN 2023-10-04 · FILED 2023-10-06
Equity Position 13.3K sh 13,272 → 13,272
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership

Restaurant Brands International Inc

QSR CIK 0001618756
All Restaurant Brands International Inc insider activity
Filing Date
2023-10-06
Report Date
2023-10-04
Accession No.
0001209191-23-052347
Accepted At
2023-10-06 20:55 UTC
Reporting Owner
Name Relationship
Duncan Fulton CIK 0001908102
Officer
Duncan Fulton at Restaurant Brands International Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $1,065,856
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2026-02-24 Sell -$695,826 View
All filings by this insider at Restaurant Brands International Inc
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF2F3F4F4 2023-10-04 A - Award/Grant 27.5249 A $0.00 27.5249 Common Shares Direct
Restricted Share UnitsF2F3F5F5 2023-10-04 A - Award/Grant 25.84 A $0.00 25.84 Common Shares Direct
Performance Share UnitsF11F7 2023-10-04 A - Award/Grant 157.7722 A $0.00 2024-02-19 157.7722 Common Shares Direct
Restricted Share UnitsF2F3F12F12 2023-10-04 A - Award/Grant 76.723 A $0.00 76.723 Common Shares Direct
Performance Share UnitsF13F7 2023-10-04 A - Award/Grant 222.6774 A $0.00 2022-02-25 222.6774 Common Shares Direct
Restricted Share UnitsF2F3F14F14 2023-10-04 A - Award/Grant 77.9652 A $0.00 77.9652 Common Shares Direct
Performance Share UnitsF15F7 2023-10-04 A - Award/Grant 190.9353 A $0.00 2026-02-22 190.9353 Common Shares Direct
Restricted Share UnitsF2F3F9F9 2023-10-04 A - Award/Grant 25.9029 A $0.00 25.9029 Common Shares Direct
Restricted Share UnitsF2F3F10F10 2023-10-04 A - Award/Grant 31.5356 A $0.00 31.5356 Common Shares Direct
Performance Share UnitsF6F7 2023-10-04 A - Award/Grant 505.7866 A $0.00 2024-02-22 505.7866 Common Shares Direct
Performance Share UnitsF8F7 2023-10-04 A - Award/Grant 245.5342 A $0.00 2025-02-21 245.5342 Common Shares Direct
Non-Derivative Holdings
Title Shares Held Ownership
Common Shares 13,272.5759 Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Option (Right to Buy)F1 Common Shares 60,000 $63.64 2028-08-03
Option (Right to Buy) Common Shares 15,000 $66.31 2030-02-21
Footnotes (15)
F1
These options are immediately exercisable. Show more
F2
Each restricted share unit represents a contingent right to receive one common share. Show more
F3
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
F4
These restricted share units vest on December 31, 2023. Show more
F5
These restricted share units vest on December 31, 2024. Show more
F6
The shares reported represent an award of performance base restricted share units (the "2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2024, which is the fifth anniversary of the grant date. 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
The shares reported represent an award of performance base restricted share units (the "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
F9
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023. Show more
F10
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. Show more
F11
The shares reported represent an award of performance base restricted share units (the "2021 PBRSUs") granted to the Reporting Person. The 2021 PBRSUs will have a performance period beginning on 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
F12
These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
F13
The shares reported represent an award of performance base restricted share units (the "2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning on 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
F14
These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
F15
The shares reported represent an award of performance base restricted share units (the "2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning on 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

Related filings at Restaurant Brands International Inc

Institutional Holders
13F holders · Jun 30, 2026 581 institutional managers reporting a position
Largest by reported value
  1. Capital World Investors $3.18B
  2. Pershing Square Holdco, L.P. $1.87B
  3. Royal Bank Of Canada $1.47B
5%+ Holders · 13D/G 4 filers

Latest Schedule 13D/G per filer; stakes the filer reported closed are left out.

Other insiders at Restaurant Brands International Inc
All Restaurant Brands International Inc insider activity
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