Restaurant Brands (QSR) director Thecla Sweeney discloses RSU grant and options
Rhea-AI Filing Summary
Restaurant Brands International director reports equity awards and holdings. Thecla Sweeney, a director of Restaurant Brands International Inc., reported receiving 1,745 common shares in the form of restricted share units that are earned and vested upon grant and settle after her board service ends. These were recorded at a price of $0 and bring her directly held common share balance to 7,649 shares. She also holds options giving her the right to buy 17,841 common shares at an exercise price of $56.28 per share, which is the U.S. dollar equivalent of CAD $71.74 at issuance. These options become exercisable on 01/01/2027 and expire on 01/01/2032, and she beneficially owns 17,841 such derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,745 | $0.00 | -- |
| holding | Option (Right to Buy) | -- | -- | -- |
Footnotes (1)
- Represents restricted share units that are earned and vested upon grant and that settle following termination of board service. The options were issued with an exercise price of CAD $71.74. The reported exercise price represents the U.S. dollar equivalent at the time of issuance.
FAQ
What insider transaction did Restaurant Brands International (QSR) report for Thecla Sweeney?
The filing reports that director Thecla Sweeney received 1,745 common shares in the form of restricted share units, which are earned and vested upon grant and will settle following the end of her board service.
What stock options does Thecla Sweeney hold in Restaurant Brands International (QSR)?
She holds options giving her the right to buy 17,841 common shares of Restaurant Brands International Inc. at an exercise price of $56.28 per share.
When do Thecla Sweeney’s Restaurant Brands International (QSR) options vest and expire?
The options become exercisable on 01/01/2027 and have an expiration date of 01/01/2032, according to the filing.
Why does the Restaurant Brands International (QSR) filing list the option exercise price in U.S. dollars?
The filing explains that the options were issued with an exercise price of CAD $71.74, and the reported exercise price of $56.28 represents the U.S. dollar equivalent at the time of issuance.