Jeffrey Housman - Apr 6, 2022 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Signature
/s/ Michele Keusch as Attorney-in-Fact for Jeffrey Housman
Stock symbol
QSR
Transactions as of
Apr 6, 2022
Transactions value $
$0
Form type
4
Date filed
4/8/2022, 05:06 PM
Previous filing
Mar 1, 2022
Next filing
Apr 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 49K Apr 6, 2022 Direct

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
transaction QSR Restricted Share Units Award $0 +22.6 +0.92% $0.00 2.49K Apr 6, 2022 Common Shares 22.6 Direct F3, F4, F5
transaction QSR Restricted Share Units Award $0 +30.8 +0.92% $0.00 3.38K Apr 6, 2022 Common Shares 30.8 Direct F3, F4, F6
transaction QSR Performance Share Units Award $0 +306 +0.92% $0.00 33.6K Apr 6, 2022 Common Shares 306 Direct F7, F8
transaction QSR Restricted Share Units Award $0 +24.3 +0.92% $0.00 2.67K Apr 6, 2022 Common Shares 24.3 Direct F3, F4, F9
transaction QSR Performance Share Units Award $0 +198 +0.92% $0.00 21.8K Apr 6, 2022 Common Shares 198 Direct F8, F10
transaction QSR Restricted Share Units Award $0 +178 +0.92% $0.00 19.6K Apr 6, 2022 Common Shares 178 Direct F3, F4, F11
transaction QSR Restricted Share Units Award $0 +31.1 +0.92% $0.00 3.42K Apr 6, 2022 Common Shares 31.1 Direct F3, F4, F11
transaction QSR Restricted Share Units Award $0 +109 +0.92% $0.00 12K Apr 6, 2022 Common Shares 109 Direct F3, F4, F12
holding QSR Exchangeable Units 431 Apr 6, 2022 Common Shares 431 Direct F1
holding QSR Option (Right to Buy) 30K Apr 6, 2022 Common Shares 30K $42.26 Direct F2
holding QSR Option (Right to Buy) 20K Apr 6, 2022 Common Shares 20K $55.55 Direct F2
holding QSR Option (Right to Buy) 30K Apr 6, 2022 Common Shares 30K $58.44 Direct
holding QSR Option (Right to Buy) 20K Apr 6, 2022 Common Shares 20K $66.31 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These options are immediately exercisable.
F3 Each restricted share unit represents a contingent right to receive one common share.
F4 Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.
F5 These restricted share units vest on December 31, 2022.
F6 These restricted share units vest on December 31, 2023.
F7 The shares reported represent an award of performance base restricted share units (the "2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2024, which is the fifth anniversary of the grant date.
F8 Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance based restricted share units to which they relate.
F9 These restricted share units vest on December 31, 2024.
F10 The shares reported represents an award of performance based restricted share units (the "2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date.
F11 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F12 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.

Remarks:

Chief People & Services Officer