4//SEC Filing
DOYLE J PATRICK 4
Accession 0001618756-25-000222
CIK 0001618756other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 5:51 PM ET
Size
12.1 KB
Accession
0001618756-25-000222
Insider Transaction Report
Form 4
DOYLE J PATRICK
DirectorExecutive Chairman
Transactions
- Award
Performance Share Units
2025-04-04+7,370.086→ 813,562.445 total→ Common Shares (7,370.086 underlying) - Award
Restricted Share Units
2025-04-04+2,948.035→ 325,424.978 total→ Common Shares (2,948.035 underlying)
Holdings
- 2,000,000
Option (Right to Buy)
Exercise: $66.74From: 2027-11-21Exp: 2032-11-20→ Common Shares (2,000,000 underlying) - 127,000.632
Common Shares
- 500,000(indirect: By LLC)
Common Shares
Footnotes (6)
- [F1]These shares are held by Lodgepole 231 LLC, a Delaware limited liability company ("L231LLC"). The Reporting Person is a member of L231LLC and the Investment Manager with the sole voting and dispositive power over all of the assets of L231LLC, including the shares. The Reporting Person disclaims beneficial ownership of the securities held by L231LLC except to the extent of his pecuniary interest therein.
- [F2]Each restricted share unit represents a contingent right to receive one common share.
- [F3]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.
- [F4]These restricted share units vest in equal installments on November 21, 2023, November 21, 2024, November 21, 2025, November 21, 2026 and November 21, 2027.
- [F5]The performance based restricted share units ("PBRSUs") will have a performance period beginning November 21, 2022 and ending May 21, 2028 and may be earned from 50% for the threshold performance to 200% for maximum performance, based on meeting performance targets tied to the appreciation of the price of RBI common shares.
- [F6]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.
Documents
Issuer
Restaurant Brands International Inc.
CIK 0001618756
Entity typeother
Related Parties
1- filerCIK 0001337160
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 5:51 PM ET
- Size
- 12.1 KB