Joshua Kobza - 31 Dec 2022 Form 4/A - Amendment Insider Report for Restaurant Brands International Inc. (QSR)

Role
COO
Signature
/s/ Michele Keusch, As Attorney-in-Fact for Joshua Kobza
Issuer symbol
QSR
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
06 Jan 2023, 17:31:16 UTC
Date Of Original Report
04 Jan 2023
Previous filing
07 Oct 2022
Next filing
06 Jan 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 Options Exercise +20,198 +5.8% 368,261 31 Dec 2022 Direct F1
transaction QSR Common Shares Options Exercise +14,644 +4% 382,905 31 Dec 2022 Direct F1
transaction QSR Common Shares Options Exercise +5,216 +1.4% 388,121 31 Dec 2022 Direct F1
transaction QSR Common Shares Options Exercise +7,878 +2% 395,999 31 Dec 2022 Direct 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 Options Exercise $0 -20,198 -100% $0.000000* 0 31 Dec 2022 Common Shares 20,198 Direct F4, F5
transaction QSR Restricted Share Units Options Exercise $0 -14,644 -50% $0.000000 14,644 31 Dec 2022 Common Shares 14,644 Direct F10, F11, F12
transaction QSR Restricted Share Units Options Exercise $0 -5,216 -33% $0.000000 10,432 31 Dec 2022 Common Shares 5,216 Direct F10, F11, F13
transaction QSR Restricted Share Units Options Exercise $0 -7,878 -25% $0.000000 23,635 31 Dec 2022 Common Shares 7,878 Direct F10, F11, F15
holding QSR Exchangeable units 5,413 31 Dec 2022 Common Shares 5,413 Direct F2
holding QSR Option (right to buy) 35,494 31 Dec 2022 Common Shares 35,494 $42.26 Direct F3
holding QSR Option (right to buy) 300,000 31 Dec 2022 Common Shares 300,000 $42.26 Direct F3
holding QSR Option (right to buy) 200,000 31 Dec 2022 Common Shares 200,000 $56.92 Direct F3
holding QSR Restricted Share Units 15,228 31 Dec 2022 Common Shares 15,228 Direct F4, F6
holding QSR Performance Share Units 257,362 31 Dec 2022 Common Shares 257,362 Direct F7
holding QSR Restricted Share Units 16,053 31 Dec 2022 Common Shares 16,053 Direct F4, F8
holding QSR Performance Share Units 222,111 31 Dec 2022 Common Shares 222,111 Direct F9
holding QSR Performance Share Units 89,194 31 Dec 2022 Common Shares 89,194 Direct F14
holding QSR Performance Share Units 127,068 31 Dec 2022 Common Shares 127,068 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of the Reporting Person's restricted share units, which will settle shortly thereafter. Any shares that are withheld or sold to satisfy tax obligations will be reported separately in connection with the settlement.
F2 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.
F3 These options are immediately exerciseable.
F4 Each restricted share unit represents a contingent right to receive one common share.
F5 These restricted share units vest on December 31, 2022.
F6 These restricted share units vest on December 31, 2023.
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 These restricted share units vest on December 31, 2024.
F9 The shares reported represent an award of performance based restricted share units ("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.
F10 Each restricted share unit represents a contingent right to receive one common share.
F11 This Form 4A is being filed to correct a typographical error to clarify the transaction date for the reported vesting of restricted share units was December 31, 2022.
F12 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023.
F13 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F14 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.
F15 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F16 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.