SEC Form 4 · accession 0001209191-15-017277
Restaurant Brands International Inc. · QSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Caira
Director
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001618756
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2015 | M | 192,281 | $25.44 | A | 220,850 | D | |
| Common Stock | Feb 19, 2015 | D | 192,281 | $51.71 | D | 28,569 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1,F2,F3 | $25.44 | Feb 19, 2015 | M | 192,281 | D | — | — | Common Stock | 192,281 | 0 | D |
| Option (right to buy)F4,F2,F3 | $24.93 | holding | — | — | — | — | — | Common Stock | 348,854 | 348,854 | D |
Explanation of responses
- F1On February 19, 2015 the Reporting Person exercised the tandem stock appreciation rights ("SARs") reported, upon which the corresponding stock options were extinguished.
- F2These options are vested and immediately exercisable.
- F3These options are exercisable until the earlier of (i) December 14, 2017 and (ii) 90 days after cessation of the Reporting Person's service on the Restaurant Brands International Inc. Board of Directors.
- F4This figure includes the Reporting Person's holdings both of options and the tandem SARs.