Restaurant Brands International Inc. 4
4 · Restaurant Brands International Inc. · Filed Jul 30, 2015
Insider Transaction Report
Form 4
Caira Marc
Director
Transactions
- Disposition to Issuer
Common Stock
2015-07-29$42.72/sh−148,854$6,359,043→ 28,569 total - Exercise/Conversion
Stock Appreciation Right
2015-07-29−148,854→ 200,000 totalExercise: $21.60→ Common Stock (148,854 underlying) - Exercise/Conversion
Common Stock
2015-07-29$21.60/sh+148,854$3,215,246→ 177,423 total
Holdings
- 17,747
Option (right to buy)
Exercise: $41.90From: 2020-03-03Exp: 2025-03-06→ Common Stock (17,747 underlying)
Footnotes (7)
- [F1]The options were issued with an exercise price of CAD$24.93. The reported exercise price represents the U.S. dollar equivalent following conversion using the Bank of Canada noon exchange rate of 0.8666.
- [F2]The reported value represents the U.S. dollar equivalent following conversion using the Bank of Canada noon exchange rate on July 29, 2015 of 0.7756.
- [F3]On July 29, 2015 the Reporting Person exercised the tandem stock appreciation rights ("SARs") reported, upon which the corresponding stock options were extinguished.
- [F4]These options are vested and immediately exercisable.
- [F5]These options are exercisable until the earlier of (i) December 14, 2017 and (ii) 90 days after the cessation of the Reporting Person's service on the Restaurant Brands International Inc. Board of Directors.
- [F6]This figure includes the Reporting Person's holdings both of options and the tandem SARs.
- [F7]The options were issued with an exercise price of CAD$52.86. The reported exercise price represents the U.S. dollar equivalent following conversion using the Bank of Canada noon exchange rate of 0.7926.