Sami A. Siddiqui - 20 Apr 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
Issuer symbol
QSR
Transactions as of
20 Apr 2022
Net transactions value
$0
Form type
4
Filing time
22 Apr 2022, 16:54:20 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 150,129 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 +39,853 $0.000000 39,853 20 Apr 2022 Common Shares 39,853 Direct F12
holding QSR Option (Right to Buy) 80,000 20 Apr 2022 Common Shares 80,000 $55.55 Direct F1
holding QSR Option (Right to Buy) 20,000 20 Apr 2022 Common Shares 20,000 $66.31 Direct
holding QSR Restricted Share Units 6,419 20 Apr 2022 Common Shares 6,419 Direct F2, F3
holding QSR Restricted Share Units 7,797 20 Apr 2022 Common Shares 7,797 Direct F2, F4
holding QSR Performance Share Units 56,055 20 Apr 2022 Common Shares 56,055 Direct F5
holding QSR Performance Share Units 21,770 20 Apr 2022 Common Shares 21,770 Direct F6
holding QSR Performance Share Units 21,060 20 Apr 2022 Common Shares 21,060 Direct F7
holding QSR Restricted Share Units 9,186 20 Apr 2022 Common Shares 9,186 Direct F2, F8
holding QSR Restricted Share Units 8,043 20 Apr 2022 Common Shares 8,043 Direct F2, F9
holding QSR Performance Share Units 27,975 20 Apr 2022 Common Shares 27,975 Direct F10
holding QSR Restricted Share Units 8,737 20 Apr 2022 Common Shares 8,737 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, 2023.
F4 These restricted share units vest on December 31, 2024.
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 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.
F7 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.
F8 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 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.