Carlos Alberto Sicupira - Dec 30, 2021 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
Director
Signature
/s/ Michele Keusch, as attorney-in-fact for Carlos Alberto Sicupira
Stock symbol
QSR
Transactions as of
Dec 30, 2021
Transactions value $
$0
Form type
4
Date filed
1/4/2022, 05:00 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QSR Common Shares Award $0 +2.32K +1.65% $0.00 143K Dec 30, 2021 Direct F1
holding QSR Common Shares 779K Dec 30, 2021 See Footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding QSR Exchangeable units 1.5M Dec 30, 2021 Common Shares 1.5M See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that are earned and vested upon grant and that settle upon termination of board service.
F2 Represents an indirect interest held by CHL Investment Fund Ltd. The Reporting Person is an indirect beneficial owner of equity interests in CHL Investment Fund Ltd. The Reporting Person disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
F3 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.