Duncan Fulton - Apr 20, 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
Stock symbol
QSR
Transactions as of
Apr 20, 2022
Transactions value $
$0
Form type
4
Date filed
4/22/2022, 04:53 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 7.78K 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 Units Award $0 +24.7K $0.00 24.7K Apr 20, 2022 Common Shares 24.7K Direct F10
holding QSR Option (Right to Buy) 60K Apr 20, 2022 Common Shares 60K $63.64 Direct
holding QSR Option (Right to Buy) 15K Apr 20, 2022 Common Shares 15K $66.31 Direct
holding QSR Restricted Share Units 3.05K Apr 20, 2022 Common Shares 3.05K Direct F1, F2
holding QSR Restricted Share Units 2.86K Apr 20, 2022 Common Shares 2.86K Direct F1, F3
holding QSR Performance Share Units 56.1K Apr 20, 2022 Common Shares 56.1K Direct F4
holding QSR Performance Share Units 27.2K Apr 20, 2022 Common Shares 27.2K Direct F5
holding QSR Restricted Share Units 5.74K Apr 20, 2022 Common Shares 5.74K Direct F1, F6
holding QSR Restricted Share Units 5.24K Apr 20, 2022 Common Shares 5.24K Direct F1, F7
holding QSR Performance Share Units 17.5K Apr 20, 2022 Common Shares 17.5K Direct F8
holding QSR Restricted Share Units 11.3K Apr 20, 2022 Common Shares 11.3K 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.