| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QSR | Common Shares | Options Exercise | $1.94M | +46K | +42.18% | $42.26 | 155K | Jun 11, 2021 | Direct | |
| transaction | QSR | Common Shares | Sale | -$3.12M | -46K | -29.67% | $67.78 | 109K | Jun 11, 2021 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QSR | Option (right to buy) | Options Exercise | $0 | -6.01K | -100% | $0.00* | 0 | Jun 11, 2021 | Common Shares | 6.01K | $42.26 | Direct | F3 |
| transaction | QSR | Option (right to buy) | Options Exercise | $0 | -40K | -100% | $0.00* | 0 | Jun 11, 2021 | Common Shares | 40K | $42.26 | Direct | F3 |
| holding | QSR | Exchangeable units | 9.1K | Jun 11, 2021 | Common Shares | 9.1K | Direct | F2 | ||||||
| holding | QSR | Option (right to buy) | 50K | Jun 11, 2021 | Common Shares | 50K | $33.67 | Direct | F3 | |||||
| holding | QSR | Restricted Share Units | 5.43K | Jun 11, 2021 | Common Shares | 5.43K | Direct | F4, F5 | ||||||
| holding | QSR | Option (right to buy) | 20K | Jun 11, 2021 | Common Shares | 20K | $55.55 | Direct | ||||||
| holding | QSR | Restricted Share Units | 3.9K | Jun 11, 2021 | Common Shares | 3.9K | Direct | F4, F6 | ||||||
| holding | QSR | Restricted Share Units | 4.78K | Jun 11, 2021 | Common Shares | 4.78K | Direct | F4, F7 | ||||||
| holding | QSR | Performance Share Units | 21.7K | Jun 11, 2021 | Common Shares | 21.7K | Direct | F8 | ||||||
| holding | QSR | Restricted Share Units | 3.84K | Jun 11, 2021 | Common Shares | 3.84K | Direct | F4, F9 | ||||||
| holding | QSR | Performance Share Units | 10.5K | Jun 11, 2021 | Common Shares | 10.5K | Direct | F10 | ||||||
| holding | QSR | Restricted Share Units | 15.1K | Jun 11, 2021 | Common Shares | 15.1K | Direct | F4, F11 | ||||||
| holding | QSR | Restricted Share Units | 4.69K | Jun 11, 2021 | Common Shares | 4.69K | Direct | F4, F11 |
| Id | Content |
|---|---|
| F1 | Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $67.57 to $67.92 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 separate price. |
| F2 | 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. |
| F3 | These options are immediately exercisable. |
| F4 | Each restricted share unit represents a contingent right to receive one common share. |
| F5 | These restricted share units vest on December 31, 2021. |
| F6 | These restricted share units vest on December 31, 2022. |
| F7 | These restricted share units vest on December 31, 2023. |
| F8 | The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest on February 21, 2024, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition. |
| F9 | These restricted share units vest on December 31, 2024. |
| F10 | The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest on February 21, 2025, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition. |
| F11 | These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024. |
VP, Controller and Principal Accounting Officer