Behring Alexandre 4
4 · Restaurant Brands International Inc. · Filed Mar 13, 2020
Insider Transaction Report
Form 4
Behring Alexandre
Director
Transactions
- Sale
Common Shares
2020-03-11$48.12/sh−59,999$2,887,152→ 267,485 total(indirect: See Footnote) - Exercise/Conversion
Option (right to buy)
2020-03-11−212,105→ 0 total(indirect: See Footnote)Exercise: $3.54Exp: 2021-02-02→ Common Shares (212,105 underlying) - Exercise/Conversion
Common Shares
2020-03-11$3.54/sh+212,105$750,852→ 327,484 total(indirect: See Footnote) - Sale
Common Shares
2020-03-11$48.40/sh−4,106$198,730→ 263,379 total(indirect: See Footnote)
Holdings
- 3,719
Common Shares
Footnotes (5)
- [F1]The Reporting Person exercised these options in advance of the expiration date in order to retain ownership of all shares, less only those required to be sold to pay the exercise price and applicable taxes.
- [F2]These securities are held by ABH Investments Holdings Limited, of which the Reporting Person is the director and sole equity owner. The Reporting Person disclaims beneficial ownership of the securities held by ABH Investments Holdings Limited except to the extent of his pecuniary interest therein.
- [F3]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $47.38 to $48.37 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.
- [F4]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $48.38 to $48.44 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.
- [F5]These options are immediately exercisable.