Jeffrey Housman Receives Stock Award at Restaurant Brands International Inc (QSR) — SEC Form 4, Oct 08, 2024

SEC Form 4 · No Market Transaction
Stock Award

Compensation grant — no market purchase or sale.

Reporting Owner
Officer
TXN 2024-10-04 · FILED 2024-10-08
Equity Position 94.2K sh 94,228 → 94,228
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2024-10-08
Report Date
2024-10-04
Accession No.
0001618756-24-000177
Accepted At
2024-10-08 20:57 UTC
Reporting Owner
Name Relationship
Jeffrey Housman CIK 0001908101
Officer
Jeffrey Housman at Restaurant Brands International Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $2,503,199
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All filings by this insider at Restaurant Brands International Inc
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Restricted Share UnitsF3F4F5F5 2024-10-04 A - Award/Grant 23.5745 A $0.00 23.5745 Common Shares Direct
Performance Share UnitsF6F7 2024-10-04 A - Award/Grant 191.9746 A $0.00 2025-02-21 191.9746 Common Shares Direct
Restricted Share UnitsF3F4F8F8 2024-10-04 A - Award/Grant 57.5316 A $0.00 57.5316 Common Shares Direct
Restricted Share UnitsF3F4F8F8 2024-10-04 A - Award/Grant 10.0427 A $0.00 10.0427 Common Shares Direct
Restricted Share UnitsF3F4F9F9 2024-10-04 A - Award/Grant 52.8364 A $0.00 52.8364 Common Shares Direct
Performance Share UnitsF10F7 2024-10-04 A - Award/Grant 219.6501 A $0.00 2025-02-25 219.6501 Common Shares Direct
Restricted Share UnitsF3F4F11F11 2024-10-04 A - Award/Grant 60.0257 A $0.00 60.0257 Common Shares Direct
Restricted Share UnitsF3F4F13F13 2024-10-04 A - Award/Grant 82.5442 A $0.00 82.5442 Common Shares Direct
Performance Share UnitsF12F7 2024-10-04 A - Award/Grant 189.7715 A $0.00 2026-02-22 189.7715 Common Shares Direct
Performance Share UnitsF14F7 2024-10-04 A - Award/Grant 220.4391 A $0.00 2027-03-15 220.4391 Common Shares Direct
Non-Derivative Holdings
Title Shares Held Ownership
Common Shares 94,228.4845 Direct
Derivative Holdings
Title Amount Exercise Price Expiration
Option (Right to Buy) Common Shares 20,000 $66.31 2030-02-21
Exchangeable UnitsF1F1F1F1 Common Shares 431
Option (Right to Buy)F2 Common Shares 20,000 $55.55 2027-02-24
Option (Right to Buy)F2 Common Shares 30,000 $58.44 2028-02-23
Footnotes (14)
F1
Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant Brands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date. Show more
F2
These options are fully vested and exercisable. 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 on December 31, 2024. Show more
F6
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
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 restricted share units to which they relate. 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
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, which has been selected as the vesting date of the grant. 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 perforamnce 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 eaned at the end of hte performance period is subject to increase or decrease based on the results of the performance condition. Show more
Remarks

Chief People & Services Officer

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