4//SEC Filing
3G Restaurant Brands Holdings General Partner Ltd. 4
Accession 0000899243-23-008854
CIK 0001618756other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 4:00 PM ET
Size
11.1 KB
Accession
0000899243-23-008854
Insider Transaction Report
Form 4
Transactions
- Other
Forward sale contract(obligation to sell)
2023-03-16−2,213,851→ 0 total(indirect: See Footnotes)→ Common shares (2,213,851 underlying) - Other
Common shares
2023-03-16−2,213,851→ 0 total(indirect: See Footnotes)
Footnotes (2)
- [F1]3G Restaurant Brands Holdings General Partner Ltd. is the general partner of HL1 17 LP ("HL1"). Accordingly, 3G Restaurant Brands Holdings General Partner Ltd. may be deemed to have voting and dispositive power with respect to the reported securities which are held directly by HL1. 3G Restaurant Brands Holdings General Partner Ltd. disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purpose.
- [F2]On March 16, 2023, HL1 settled the previously announced forward sale contract, dated as of February 27, 2023 (the "Forward Contract"), with an unaffiliated third party buyer, BofA Securities, Inc. The Forward Contract obligated HL1 to deliver to the buyer 2,213,851 Common Shares of the Issuer (the "Forward Shares") on the maturity date of March 16, 2023 or such earlier date as elected by HL1 in accordance with the terms of the Forward Contract in exchange for a cash payment equal to a price per Forward Share of $63.99 multiplied by a factor of (1+(an overnight bank funding rate minus a negotiated spread)) for each day that the Forward Contract was outstanding. Each Reporting Person disclaims all right, title and interest with respect to the Forward Contract transaction and nothing set forth herein shall be an admission that such Reporting Person has beneficial ownership of the Forward Shares or any transaction relating thereto.
Documents
Issuer
Restaurant Brands International Inc.
CIK 0001618756
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001653986
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 4:00 PM ET
- Size
- 11.1 KB