Thomas B. Curtis - Apr 20, 2022 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
President, Burger King US & Canada
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Thomas B. Curtis IV
Stock symbol
QSR
Transactions as of
Apr 20, 2022
Transactions value $
$0
Form type
4
Date filed
4/22/2022, 04:55 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 4.86K 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 +39.9K $0.00 39.9K Apr 20, 2022 Common Shares 39.9K Direct F7
holding QSR Restricted Share Units 11.6K Apr 20, 2022 Common Shares 11.6K Direct F1, F2
holding QSR Performance Share Units 15.4K Apr 20, 2022 Common Shares 15.4K Direct F3
holding QSR Restricted Share Units 15.3K Apr 20, 2022 Common Shares 15.3K Direct F1, F4
holding QSR Performance Share Units 15.3K Apr 20, 2022 Common Shares 15.3K Direct F5
holding QSR Restricted Share Units 9.23K Apr 20, 2022 Common Shares 9.23K Direct F1, F6
* 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 in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F3 The shares reported represent an award of performance based restricted share units ("2021-1 PBRSUs") granted to the Reporting Person. The 2021-1 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on September 1, 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.
F4 These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024.
F5 The shares reported represent an award of performance based restricted share units ("2021-2 PBRSUs") granted to the Reporting Person. The 2021-2 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on December 15, 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.
F6 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F7 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.

Remarks:

President, Burger King US & Canada