Key facts
- This page summarizes J. Patrick Doyle's Form 4 filing for Restaurant Brands International Inc. (QSR).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 Nov 2022, 15:56.
J. Patrick Doyle - 21 Nov 2022 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)
- Reporting relationship
- Executive Chairman
- Issuer ticker
- QSR
- Reported as of
- 21 Nov 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Nov 2022, 15:56:39 UTC
- Prior SEC filing
- 23 Nov 2022
- Next SEC filing
- 06 Jan 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michele Keusch, as Attorney-in-Fact for J. Patrick Doyle
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
J. Patrick Doyle filed Form 4 for Restaurant Brands International Inc. (QSR) on 23 Nov 2022.
Change
- Previous filing in this sequence was filed on 23 Nov 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
QSR
holding
Common Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 500,000
- Date
- 21 Nov 2022
- Ownership
- By LLC
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
QSR
transaction
Derivative
Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +2,000,000
- Change %
- Price
- $0.000000
- Shares after
- 2,000,000
- Date
- 21 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 2,000,000
- Exercise price
- $66.74
QSR
transaction
Derivative
Restricted Share Units
Award
- Transaction value
- $0
- Shares
- +500,000
- Change %
- Price
- $0.000000
- Shares after
- 500,000
- Date
- 21 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 500,000
- Exercise price
- Footnotes
- F2, F3
QSR
transaction
Derivative
Performance Share Units
Award
- Transaction value
- $0
- Shares
- +750,000
- Change %
- Price
- $0.000000
- Shares after
- 750,000
- Date
- 21 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 750,000
- Exercise price
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
These shares are held by Lodgepole 231 LLC, a Delaware limited liability company ("L231LLC"). The Reporting Person is the sole member of L231LLC and the Investment Manager. The Reporting Person disclaims beneficial ownership of the securities held by L231LLC except to the extent of his pecuniary interest therein.
Footnote F2
Each restricted share unit represents a contingent right to receive one common share.
Footnote F3
These restricted share units vest in equal installments on November 21, 2023, November 21, 2024, November 21, 2025, November 21, 2026 and November 21, 2027.
Footnote F4
The performance based restricted share units ("PBRSUs") will have a performance period beginning November 21, 2022 and ending March 21, 2028 and may be earned from 50% for the threshold performance to 200% for maximum performance, based on meeting performance targets tied to the appreciation of the price of RBI common shares.