Shear David Chan's Form 4 filing
Restaurant Brands International Inc. (QSR) · filed May 8, 2023
- Accession no.
- 0001209191-23-028021
- Filed
- May 8, 2023
- Trade date
- May 4, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $9.89M. 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 |
|---|---|
| Shear David ChanCIK 0001842463 | Officer (President, International) |
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 |
|---|---|---|---|---|---|---|---|---|
| May 4, 2023 | Common Shares | MOption exerciseAcquired | +100,000 | $55.55 | +$5,555,000 | 275,250.43 | Direct | |
| May 4, 2023 | Common Shares | MOption exerciseAcquired | +40,000 | $58.44 | +$2,337,600 | 315,250.43 | Direct | |
| May 4, 2023 | Common Shares | SSaleDisposed | −128,790 | $70.62F1 | −$9,095,149.8 | 186,460.43 | Direct | |
| May 4, 2023 | Common Shares | SSaleDisposed | −11,210 | $71.12F2 | −$797,255.2 | 175,250.43 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 4, 2023 | Common Shares | MOption exerciseDisposed | −100,000 | $0.00 | $0 | 0 | Direct | |
| May 4, 2023 | Common Shares | MOption exerciseDisposed | −40,000 | $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
Represents the weighted average price of the shares sold. The reported shares were sold at prices ranging from $69.99 to $70.985 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.
- F2
Represents the weighted average price of the shares sold. The reported shares were sold at prices ranging from $70.99 to $71.27 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.