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

Role
Brand Pres., Popeyes, Americas
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Sami A. Siddiqui
Stock symbol
QSR
Transactions as of
Apr 6, 2022
Transactions value $
$0
Form type
4
Date filed
4/8/2022, 05:09 PM
Previous filing
Feb 28, 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 150K 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 +58.5 +0.92% $0.00 6.42K Apr 6, 2022 Common Shares 58.5 Direct F2, F3, F4
transaction QSR Restricted Share Units Award $0 +71 +0.92% $0.00 7.8K Apr 6, 2022 Common Shares 71 Direct F2, F3, F5
transaction QSR Performance Share Units Award $0 +511 +0.92% $0.00 56.1K Apr 6, 2022 Common Shares 511 Direct F6, F7
transaction QSR Performance Share Units Award $0 +198 +0.92% $0.00 21.8K Apr 6, 2022 Common Shares 198 Direct F7, F8
transaction QSR Performance Share Units Award $0 +192 +0.92% $0.00 21.1K Apr 6, 2022 Common Shares 192 Direct F7, F9
transaction QSR Restricted Share Units Award $0 +83.7 +0.92% $0.00 9.19K Apr 6, 2022 Common Shares 83.7 Direct F2, F3, F10
transaction QSR Restricted Share Units Award $0 +73.3 +0.92% $0.00 8.04K Apr 6, 2022 Common Shares 73.3 Direct F2, F3, F11
transaction QSR Performance Share Units Award $0 +255 +0.92% $0.00 28K Apr 6, 2022 Common Shares 255 Direct F7, F12
transaction QSR Restricted Share Units Award $0 +79.6 +0.92% $0.00 8.74K Apr 6, 2022 Common Shares 79.6 Direct F2, F3, F13
holding QSR Option (Right to Buy) 80K Apr 6, 2022 Common Shares 80K $55.55 Direct F1
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 These options are immediately exercisable.
F2 Each restricted share unit represents a contingent right to receive one common share.
F3 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.
F4 These restricted share units vest on December 31, 2023.
F5 These restricted share units vest on December 31, 2024.
F6 The shares reported represent an award of performance based restricted share units ("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.
F7 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.
F8 The shares reported represent an award of performance based restricted share units (the "2020-1 PBRSUs") granted to the Reporting Person. The 2020-1 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.
F9 The shares reported represent an award of performance based restricted share units ("2020-2 PBRSUs") granted to the Reporting Person. The 2020-2 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025.
F10 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 2023.
F11 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F12 The shares reported represent an award of performance based restricted share units ("2021 PBRSUs") granted to the Reporting Person. The 2021 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on February 19, 2024. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
F13 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.