Thomas Benjamin Curtis Sells $449K of Restaurant Brands International Inc (QSR) — SEC Form 4, Sep 04, 2024

Open-Market Net Sale · SEC Form 4

−$448,550

Equity position changed by +30.0%

Reporting Owner

Thomas Benjamin Curtis

President

TXN 2024-09-03 · FILED 2024-09-04

Equity Position 43.7K sh 33,640 → 43,715

Equity Change +30.0% shares held after vs before

Filing Lag 1 business day 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: 2024-09-04
Report Date: 2024-09-01
Accession No.: 0001618756-24-000146
Accepted At: 2024-09-04 21:25 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	2024-09-01	M - Exercise	16,611.0901 A		—	43,715.1924	Direct
Common SharesF2 F3	2024-09-03	S - Sale	6,536.464 D	$68.63	-$448,582	37,178.7284	Direct

Derivative Securities Transactions

Title	Strike	Date	Type	Shares	Price	Expiration	Underlying	Ownership
Performance Share UnitsF6		2024-09-01	M - Exercise	16,611.0901 D	$0.00	2024-09-01	16,611.0901 Common Shares	Direct

Derivative Holdings

Title	Amount	Expiration
Restricted Share UnitsF4 F5 F5 Common Shares	4,186.9491
Restricted Share UnitsF4 F7 F7 Common Shares	5,490.061
Performance Share UnitsF8 Common Shares	16,470.183	2024-12-15
Restricted Share UnitsF4 F9 F9 Common Shares	4,975.2288
Performance Share UnitsF10 Common Shares	42,972.8622	2025-02-25
Restricted Share UnitsF4 F11 F11 Common Shares	7,141.6106
Performance Share UnitsF12 Common Shares	46,408.9399	2026-02-22
Restricted Share UnitsF4 F13 F13 Common Shares	14,754.2011
Performance Share UnitsF14 Common Shares	60,647.3554	2027-03-15

Footnotes (14)

F1: On September 1, 2024, 16,611.0901 of the Reporting Person's performance based restricted share units vested. Show more
F2: Represents shares sold to cover withholding taxes on the settlement of the vesting of the Reporting Person's performance based restricted share units. Show more
F3: Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $68.51 to $68.77 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Show more
F4: Each restricted share unit represents a contingent right to receive one common share. 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: These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024. Show more
F8: 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
F9: These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025. Show more
F10: 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
F11: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026. Show more
F12: 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
F13: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027. Show more
F14: The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. 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