Duncan Fulton - 20 Apr 2022 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
Chief Corporate Officer
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Duncan Fulton
Issuer symbol
QSR
Transactions as of
20 Apr 2022
Net transactions value
$0
Form type
4
Filing time
22 Apr 2022, 16:53:14 UTC
Previous filing
08 Apr 2022
Next filing
08 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 7,778 20 Apr 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 Units Award $0 +24,677 $0.000000 24,677 20 Apr 2022 Common Shares 24,677 Direct F10
holding QSR Option (Right to Buy) 60,000 20 Apr 2022 Common Shares 60,000 $63.64 Direct
holding QSR Option (Right to Buy) 15,000 20 Apr 2022 Common Shares 15,000 $66.31 Direct
holding QSR Restricted Share Units 3,050 20 Apr 2022 Common Shares 3,050 Direct F1, F2
holding QSR Restricted Share Units 2,864 20 Apr 2022 Common Shares 2,864 Direct F1, F3
holding QSR Performance Share Units 56,051 20 Apr 2022 Common Shares 56,051 Direct F4
holding QSR Performance Share Units 27,210 20 Apr 2022 Common Shares 27,210 Direct F5
holding QSR Restricted Share Units 5,741 20 Apr 2022 Common Shares 5,741 Direct F1, F6
holding QSR Restricted Share Units 5,242 20 Apr 2022 Common Shares 5,242 Direct F1, F7
holding QSR Performance Share Units 17,484 20 Apr 2022 Common Shares 17,484 Direct F8
holding QSR Restricted Share Units 11,336 20 Apr 2022 Common Shares 11,336 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit represents a contingent right to receive one common share.
F2 These restricted share units vest on December 31, 2023.
F3 These restricted share units vest on December 31, 2024.
F4 The share 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.
F5 The share reported represent an award of performance base 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.
F6 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023.
F7 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F8 The share reported represent an award of performance base restricted share units (the "2021 PBRSUs") granted to the Reporting Person. The 2021 PBRSUs will have a performance period beginning on 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.
F9 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 25, 2025.
F10 The share reported represent an award of performance base restricted share units (the "2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning on 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.