Paul J. Fribourg - 30 Dec 2022 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
Director
Signature
/s/ Michele Keusch, as attorney-in-fact for Paul J. Fribourg
Issuer symbol
QSR
Transactions as of
30 Dec 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 16:20:21 UTC
Previous filing
16 Dec 2022
Next filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QSR Common Shares Award $0 +3,077 +4.7% $0.000000 68,636 30 Dec 2022 Direct F1, F2
holding QSR Common Shares 75,678 30 Dec 2022 See Footnote F3
holding QSR Common Shares 24,862 30 Dec 2022 By Trust F4
holding QSR Common Shares 90,000 30 Dec 2022 By GRAT F2, F5
* 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 Reflects the transfer of 90,000 shares previously held by the Reporting Person's prior 2020 grantor retained annuity trust to the Reporting Person and the transfer of 90,000 shares from the Reporting Person to the Reporting Person's new 2021 grantor retained annuity trust, in exempt transactions.
F3 Represents an indirect interest held by a corporation of which the Reporting Person is the Chairman and CEO. The Reporting Person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
F4 Represents an indirect interest held by the Paul J. Fribourg 2017 Family Trust of which the Reporting Person is a trustee and his lineal descendants are the beneficiaries.
F5 Represents an indirect interest held by the Reporting Person's 2021 grantor retained annuity trust.