Skip to main content

Hedayat Ali's Form 4 filing

Restaurant Brands International Inc. (QSR) · filed May 10, 2023

Accession no.
0001209191-23-028524
Filed
May 10, 2023
Trade date
May 8, 2023
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $563.8K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Hedayat AliCIK 0001679916Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 8, 2023Common SharesMOption exerciseAcquired+10,000$46.77F1+$467,70025,449Direct
May 8, 2023Common SharesSSaleDisposed−7,772$72.54F2−$563,780.8817,677Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
May 8, 2023Common SharesMOption exerciseDisposed−10,000$0.00$011,381Direct

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

The options were issued with an exercise price of CAD $61.65. The reported exercise price represents the U.S. dollar equivalent.

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 in Canadian dollars at prices ranging from CAD$96.86 to CAD$96.91 per share, inclusive. The sale prices were converted into their U.S. dollar equivalent ranging from USD$72.53 to USD$72.57 per share using the Bank of Canada daily exchange rate on May 8, 2023 of 0.7488. 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.

Read the full filing on SEC EDGAR (opens in a new tab)