0001618756-24-000087.txt : 20240508
0001618756-24-000087.hdr.sgml : 20240508
20240508195259
ACCESSION NUMBER: 0001618756-24-000087
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240506
FILED AS OF DATE: 20240508
DATE AS OF CHANGE: 20240508
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kobza Joshua
CENTRAL INDEX KEY: 0001574771
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36786
FILM NUMBER: 24928061
MAIL ADDRESS:
STREET 1: 5505 BLUE LAGOON DRIVE
CITY: MIAMI
STATE: FL
ZIP: 33126
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Restaurant Brands International Inc.
CENTRAL INDEX KEY: 0001618756
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 000000000
STATE OF INCORPORATION: Z4
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 130 KING STREET WEST
STREET 2: SUITE 300
CITY: TORONTO
STATE: A6
ZIP: M5X 1E1
BUSINESS PHONE: (905) 845-6511
MAIL ADDRESS:
STREET 1: 130 KING STREET WEST
STREET 2: SUITE 300
CITY: TORONTO
STATE: A6
ZIP: M5X 1E1
FORMER COMPANY:
FORMER CONFORMED NAME: 9060669 Canada Inc.
DATE OF NAME CHANGE: 20141028
FORMER COMPANY:
FORMER CONFORMED NAME: 1011773 B.C. Unlimited Liability Co
DATE OF NAME CHANGE: 20140905
4
1
wk-form4_1715212368.xml
FORM 4
X0508
4
2024-05-06
0
0001618756
Restaurant Brands International Inc.
QSR
0001574771
Kobza Joshua
130 KING STREET WEST
SUITE 300
TORONTO
A6
M5X 1E1
ONTARIO, CANADA
0
1
0
0
Chief Executive Officer
0
Common Shares
2024-05-06
4
M
0
35494
42.26
A
621794.7362
D
Common Shares
2024-05-06
4
S
0
26031
75.47
D
595763.7362
D
Common Shares
2024-05-06
4
M
0
300000
42.26
A
895763.7362
D
Common Shares
2024-05-06
4
S
0
220165
75.14
D
675598.7362
D
Exchangeable Units
Common Shares
5413
5413
D
Option (Right to Buy)
42.26
2024-05-06
4
M
0
35494
0
D
2025-03-05
Common Shares
35494
0
D
Option (Right to Buy)
42.26
2024-05-06
4
M
0
300000
0
D
2025-03-05
Common Shares
300000
0
D
Option (Right to Buy)
56.92
2027-05-04
Common Shares
200000
200000
D
Restricted Share Units
Common Shares
16826.1742
16826.1742
D
Performance Share Units
2025-02-21
2025-02-21
Common Shares
232807.6692
232807.6692
D
Restricted Share Units
Common Shares
5467.6293
5467.6293
D
Restricted Share Units
Common Shares
16514.5921
16514.5921
D
Performance Share Units
2025-02-25
2025-02-25
Common Shares
133188.0924
133188.0924
D
Restricted Share Units
Common Shares
20203.9406
20203.9406
D
Performance Share Units
2028-05-28
2028-05-28
Common Shares
311837.3303
311837.3303
D
Restricted Share Units
Common Shares
30892.8865
30892.8865
D
Performance Share Units
2027-03-15
2027-03-15
Common Shares
120297.9743
120297.9743
D
The reporting person exercised these options in advance of the upcoming expiration in March 2025 in order to retain ownership of all shares, less those required to be sold to pay the exercise price and applicable taxes.
Represents the weighted average price of the share sold. The prices of the shares sold pursuant to the transaction ranged from $75.28 to $75.64 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 price.
Represents the weighted average price of the share sold. The prices of the shares sold pursuant to the transaction ranged from $75.00 to $75.41 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 price.
Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant
Brands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain
circumstances). This conversion right has no expiration date.
These options are fully vested and exercisable.
Each restricted share unit represents a contingent right to receive one common share.
These restricted share units vest on December 31, 2024.
The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date.
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2022 and to the extent earned will vest 100% on February 25, 2025. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending May 21, 2025 and to the extent earned will vest on May 28, 2028, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
/s/ Michele Keusch, as Attorney-in-Fact for Joshua Kobza
2024-05-07