Cil Jose E.'s Form 4 filing
Restaurant Brands International Inc.QSR · filed Feb 24, 2023
- Accession no.
- 0001209191-23-012958
- Filed
- Feb 24, 2023
- Trade date
- Feb 22-23, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $17.4M. It was filed 2 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 |
|---|---|
| Cil Jose E.CIK 0001552282 | Officer (Chief Executive Officer) |
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, 2023 | Common Shares | AGrant or awardAcquired | +10,121 | $67.75F2 | +$685,697.75 | 187,413.88 | Direct | |
| Feb 23, 2023 | Common Shares | MOption exerciseAcquired | +264,461.2 | –F3 | – | 451,875.08 | Direct | |
| Feb 23, 2023 | Common Shares | SSaleDisposed | −264,461.2 | $65.64 | −$17,359,233.17 | 187,413.88 | 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 23, 2023 | Common Shares | MOption exerciseDisposed | −264,461.2 | –F3 | – | 0 | Direct | |
| Feb 22, 2023 | Common Shares | AGrant or awardAcquired | +37,954 | $0.00 | $0 | 37,954 | 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.
- F2
Pursuant to the Issuer's 2014 Plan, the purchase price of the Investment Shares is, and the number of matching restricted share units described in footnote 26 below pursuant to the Issuer's 2022 Bonus Swap Program 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 21, 2023.
Referenced by the price of 1 transaction in Table I.
- F3
On February 23, 2023, 264,461.2022 of the Reporting Person's performance based restricted share units vested.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.