MACEDO ALEXANDRE 4

Accession 0001209191-19-052592

CIK 0001618756other

View on SEC.gov Company Profile

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 5:41 PM ET

Size

34.0 KB

Accession

0001209191-19-052592

Insider Transaction Report

Form 4

Period: 2019-10-03

Restaurant Brands International Inc.QSR

MACEDO ALEXANDRE

President,Tim Hortons

Transactions

Award
Dividend Equivalent Rights
2019-10-03+82.601→ 751.452 total
→ Common Shares (82.601 underlying)
Award
Dividend Equivalent Rights
2019-10-03+88.715→ 272.627 total
→ Common Shares (88.715 underlying)
Award
Dividend Equivalent Rights
2019-10-03+63.393→ 468.416 total
→ Common Shares (63.393 underlying)
Award
Dividend Equivalent Rights
2019-10-03+1,496.713→ 11,042.147 total
→ Common Shares (1,496.713 underlying)
Award
Dividend Equivalent Rights
2019-10-03+897.557→ 2,758.261 total
→ Common Shares (897.557 underlying)
Award
Dividend Equivalent Rights
2019-10-03+214.831→ 2,364.09 total
→ Common Shares (214.831 underlying)

Holdings

Restricted Share Units
→ Common Shares (28,215 underlying)
28,215
Option (right to buy)
Exercise: $33.67From: 2021-02-26Exp: 2026-02-25→ Common Shares (100,000 underlying)
100,000
Common Shares
189,864
Option (right to buy)
Exercise: $42.26From: 2020-03-06Exp: 2025-03-05→ Common Shares (100,000 underlying)
100,000
Exchangeable units
→ Common Shares (41,691 underlying)
41,691
Option (right to buy)
Exercise: $42.26From: 2019-12-31Exp: 2025-03-05→ Common Shares (33,128 underlying)
33,128
Restricted Share Units
→ Common Shares (11,006 underlying)
11,006
Restricted Share Units
→ Common Shares (8,555 underlying)
8,555
Restricted Share Units
→ Common Shares (12,355 underlying)
12,355
Performance Share Units
From: 2024-02-22Exp: 2024-02-22→ Common Shares (125,000 underlying)
125,000
Performance Share Units
From: 2023-02-23Exp: 2023-02-23→ Common Shares (202,000 underlying)
202,000

Footnotes (16)

[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.
[F10]The shares reported represent an award of performance based restricted share units ("2018 PBRSUs") granted to the Reporting Person. The 2018 PBRSUs had a three-year performance period beginning January 1, 2015 and ending December 31, 2018 and will vest 100% on February 23, 2023, which is the fifth anniversary of the grant date.
[F11]These dividend equivalent rights accrued on the 2018 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2018 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2018 PBRSUs to which they relate.
[F12]These restricted share units vest on December 31, 2023.
[F13]These dividend equivalent rights accrued on the 2019 restricted share unit award (the "2019 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2019 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2019 RSUs to which they relate.
[F14]The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs will have a three-year performance period beginning January 1, 2019 and ending December 31, 2022 and will vest 100% on February 22, 2024, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the Issuer performance condition.
[F15]Each whole dividend equivalent right represents a contingent right to receive one common share, subject to increase or decrease based on the results of the Issuer performance condition.
[F16]These dividend equivalent rights accrued on the 2019 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2019 PBRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2019 PBRSUs to which they relate.
[F2]Each restricted share unit represents a contingent right to receive one common share.
[F3]These restricted share units vest on December 31, 2020.
[F4]Each whole dividend equivalent right represents a contingent right to receive one common share.
[F5]These dividend equivalent rights accrued on the 2016 restricted share unit award (the "2016 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2016 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2016 RSUs to which they relate.
[F6]These restricted share units vest on December 31, 2021.
[F7]These dividend equivalent rights accrued on the 2017 restricted share unit award (the "2017 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2017 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2017 RSUs to which they relate.
[F8]These restricted share units vest on December 31, 2022.
[F9]These dividend equivalent rights accrued on the 2018 restricted share unit award (the "2018 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2018 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2018 RSUs to which they relate.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Restaurant Brands International Inc.

CIK 0001618756

→

Entity typeother

Related Parties

filerCIK 0001574957

Filing Metadata

Form type: 4
Filed: Oct 3, 8:00 PM ET
Accepted: Oct 4, 5:41 PM ET
Size: 34.0 KB

View on SEC.gov