Granat Jill's Form 4 filing
Restaurant Brands International Inc. (QSR) · filed Feb 26, 2024
- Accession no.
- 0000950170-24-020547
- Filed
- Feb 26, 2024
- Trade date
- Feb 22-26, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 5 derivative transactions. Open-market sales total $7.88M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Granat JillCIK 0001552022 | Officer (See Remarks) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 22, 2024 | Common Shares | MOption exerciseAcquired | +59,495.95 | –F1 | – | 430,182.24 | Direct | |
| Feb 22, 2024 | Common Shares | SSaleDisposed | −23,321.88 | $75.55 | −$1,761,968.03 | 406,860.36 | Direct | |
| Feb 23, 2024 | Common Shares | AGrant or awardAcquired | +3,899 | $75.38F4 | +$293,906.62 | 410,759.36 | Direct | |
| Feb 26, 2024 | Common Shares | MOption exerciseAcquired | +13,665 | $42.26 | +$577,482.9 | 424,424.36 | Direct | |
| Feb 26, 2024 | Common Shares | MOption exerciseAcquired | +66,667 | $42.26 | +$2,817,347.42 | 491,091.36 | Direct | |
| Feb 26, 2024 | Common Shares | SSaleDisposed | −80,332 | $76.20F5 | −$6,121,298.4 | 410,759.36 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 22, 2024 | Common Shares | MOption exerciseDisposed | −59,495.95 | $0.00 | $0 | 0 | Direct | |
| Feb 23, 2024 | Common Shares | AGrant or awardAcquired | +14,622 | $0.00 | $0 | 14,622 | Direct | |
| Feb 23, 2024 | Common Shares | AGrant or awardAcquired | +33,165 | $0.00 | $0 | 33,165 | Direct | |
| Feb 26, 2024 | Common Shares | MOption exerciseDisposed | −13,665 | $0.00 | $0 | 0 | Direct | |
| Feb 26, 2024 | Common Shares | MOption exerciseDisposed | −66,667 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On February 22, 2024, 59,495.9509 of the Reporting Person's performance based restricted share units vested.
Referenced by the price of 1 transaction in Table I.
- F4
Pursuant to the Issuer's 2023 Plan, the purchase price of the Investment Shares is calculated based on, the last sales price of a common share of the Issuer on the New York Stock Exchange on the trading day immediately preceding the grant date, in this case February 22, 2024.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average price of the shares sold. The reported shares were sold at prices ranging from $75.65 to $76.51 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.
Referenced by the price of 1 transaction in Table I.