Daniel S. Schwartz - Dec 30, 2022 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
Director
Signature
/s/ Michele Keusch, as attorney-in-fact for Daniel S. Schwartz
Stock symbol
QSR
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 04:18 PM
Previous filing
Jan 4, 2022
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QSR Common Shares Award $0 +3.08K +62.44% $0.00 8.01K Dec 30, 2022 Direct F1
holding QSR Common Shares 529K Dec 30, 2022 By LLC F2
holding QSR Common Shares 855K Dec 30, 2022 By LLC F3

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
holding QSR Exchangeable units 14.3K Dec 30, 2022 Common Shares 14.3K By LLC F2, F4
holding QSR Exchangeable units 124K Dec 30, 2022 Common Shares 124K By LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that are earned and vested upon grant and that settle upon termination of board service.
F2 The securities are held by Miami Restaurant Holdings LLC. The Reporting Person holds all voting and dispositive power for these securities. The Reporting Person disclaims beneficial ownership of the securities held by Miami Restaurant Holdings LLC except to the extent of his pecuniary interest therein.
F3 The securities are held by Ameco Food Holdings LLC. The Reporting Person holds all voting and dispositive power for these securities. The Reporting Person disclaims beneficial ownership of the securities held by Ameco Food Holdings LLC except to the extent of his pecuniary interest therein.
F4 Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant Brands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date.