Duncan Fulton - Oct 5, 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
Oct 5, 2022
Transactions value $
$0
Form type
4
Date filed
10/7/2022, 06:00 PM
Previous filing
Jul 8, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 7.78K Oct 5, 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 Restricted Share Units Award $0 +30 +0.97% $0.00 3.11K Oct 5, 2022 Common Shares 30 Direct F1, F2, F3
transaction QSR Restricted Share Units Award $0 +28.1 +0.97% $0.00 2.92K Oct 5, 2022 Common Shares 28.1 Direct F1, F2, F4
transaction QSR Performance Share Units Award $0 +551 +0.97% $0.00 57.2K Oct 5, 2022 Common Shares 551 Direct F5, F6
transaction QSR Performance Share Units Award $0 +267 +0.97% $0.00 27.8K Oct 5, 2022 Common Shares 267 Direct F6, F7
transaction QSR Restricted Share Units Award $0 +56.4 +0.97% $0.00 5.86K Oct 5, 2022 Common Shares 56.4 Direct F1, F2, F8
transaction QSR Restricted Share Units Award $0 +51.5 +0.97% $0.00 5.35K Oct 5, 2022 Common Shares 51.5 Direct F1, F2, F9
transaction QSR Performance Share Units Award $0 +172 +0.97% $0.00 17.8K Oct 5, 2022 Common Shares 172 Direct F6, F10
transaction QSR Restricted Share Units Award $0 +111 +0.97% $0.00 11.6K Oct 5, 2022 Common Shares 111 Direct F1, F2, F11
transaction QSR Performance Share Units Award $0 +243 +0.97% $0.00 25.2K Oct 5, 2022 Common Shares 243 Direct F6, F12
holding QSR Option (Right to Buy) 60K Oct 5, 2022 Common Shares 60K $63.64 Direct
holding QSR Option (Right to Buy) 15K Oct 5, 2022 Common Shares 15K $66.31 Direct
* 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 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.
F3 These restricted share units vest on December 31, 2023.
F4 These restricted share units vest on December 31, 2024.
F5 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.
F6 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.
F7 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.
F8 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 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 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.
F11 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 25, 2025.
F12 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.