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