Sami Siddiqui - Oct 5, 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
Stock symbol
QSR
Transactions as of
Oct 5, 2022
Transactions value $
$0
Form type
4
Date filed
10/7/2022, 05:59 PM
Previous filing
Jul 8, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 9.27K Oct 5, 2022 Direct
holding QSR Common Shares 141K Oct 5, 2022 By Trust F1

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 Restricted Share Units Award $0 +63.1 +0.97% $0.00 6.55K Oct 5, 2022 Common Shares 63.1 Direct F3, F4, F5
transaction QSR Restricted Share Units Award $0 +76.7 +0.97% $0.00 7.95K Oct 5, 2022 Common Shares 76.7 Direct F3, F4, F6
transaction QSR Performance Share Units Award $0 +551 +0.97% $0.00 57.2K Oct 5, 2022 Common Shares 551 Direct F7, F8
transaction QSR Performance Share Units Award $0 +214 +0.97% $0.00 22.2K Oct 5, 2022 Common Shares 214 Direct F8, F9
transaction QSR Performance Share Units Award $0 +207 +0.97% $0.00 21.5K Oct 5, 2022 Common Shares 207 Direct F8, F10
transaction QSR Restricted Share Units Award $0 +90.3 +0.97% $0.00 9.37K Oct 5, 2022 Common Shares 90.3 Direct F3, F4, F11
transaction QSR Restricted Share Units Award $0 +79.1 +0.97% $0.00 8.21K Oct 5, 2022 Common Shares 79.1 Direct F3, F4, F12
transaction QSR Performance Share Units Award $0 +275 +0.97% $0.00 28.5K Oct 5, 2022 Common Shares 275 Direct F8, F13
transaction QSR Restricted Share Units Award $0 +85.9 +0.97% $0.00 8.91K Oct 5, 2022 Common Shares 85.9 Direct F3, F4, F14
transaction QSR Performance Share Units Award $0 +392 +0.97% $0.00 40.7K Oct 5, 2022 Common Shares 392 Direct F8, F15
holding QSR Option (Right to Buy) 80K Oct 5, 2022 Common Shares 80K $55.55 Direct F2
holding QSR Option (Right to Buy) 20K Oct 5, 2022 Common Shares 20K $66.31 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by a revocable trust, of which the Reporting Person is the settlor and trustee for the benefit of the Reporting Person.
F2 These options are immediately exercisable.
F3 Each restricted share unit represents a contingent right to receive one common share.
F4 Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.
F5 These restricted share units vest on December 31, 2023.
F6 These restricted share units vest on December 31, 2024.
F7 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.
F8 Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance based restricted share units to which they relate.
F9 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.
F10 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.
F11 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 2023.
F12 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F13 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.
F14 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F15 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.