Matthew Dunnigan - Apr 20, 2022 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
CFO
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Matthew Dunnigan
Stock symbol
QSR
Transactions as of
Apr 20, 2022
Transactions value $
$0
Form type
4
Date filed
4/22/2022, 04:30 PM
Previous filing
Apr 8, 2022
Next filing
Jul 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 56.4K Apr 20, 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 Performance Share Unit Award $0 +49.8K $0.00 49.8K Apr 20, 2022 Common Shares 49.8K Direct F12
holding QSR Option (right to buy) 30K Apr 20, 2022 Common Shares 30K $42.26 Direct F1
holding QSR Option (right to buy) 40K Apr 20, 2022 Common Shares 40K $55.55 Direct F1
holding QSR Option (right to buy) 40K Apr 20, 2022 Common Shares 40K $56.92 Direct
holding QSR Option (right to buy) 100K Apr 20, 2022 Common Shares 100K $58.44 Direct
holding QSR Restricted Share Units 2.25K Apr 20, 2022 Common Shares 2.25K Direct F2, F3
holding QSR Restricted Share Units 7.29K Apr 20, 2022 Common Shares 7.29K Direct F2, F4
holding QSR Performance Share Units 112K Apr 20, 2022 Common Shares 112K Direct F5
holding QSR Option (right to buy) 50K Apr 20, 2022 Common Shares 50K $66.31 Direct
holding QSR Restricted Share Units 8.04K Apr 20, 2022 Common Shares 8.04K Direct F2, F6
holding QSR Performance Share Units 54.4K Apr 20, 2022 Common Shares 54.4K Direct F7
holding QSR Restricted Share Units 11.5K Apr 20, 2022 Common Shares 11.5K Direct F2, F8
holding QSR Restricted Share Units 7.8K Apr 20, 2022 Common Shares 7.8K Direct F2, F9
holding QSR Performance Share Units 35K Apr 20, 2022 Common Shares 35K Direct F10
holding QSR Restricted Share Units 15.9K Apr 20, 2022 Common Shares 15.9K Direct F2, F11
* 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 These restricted share units vest on December 31, 2022.
F4 These restricted share units vest on December 31, 2023.
F5 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.
F6 These restricted share units vest on December 31, 2024.
F7 The shares reported represent an award of performance based restricted share units ("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.
F8 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023.
F9 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F10 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.
F11 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F12 The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest on February 25, 2025. 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.