Jeffrey W. Klein - Mar 14, 2024 Form 3 Insider Report for Restaurant Brands International Inc. (QSR)

Role
President, Popeyes-US & Canada
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Jeffrey W. Klein
Stock symbol
QSR
Transactions as of
Mar 14, 2024
Transactions value $
$0
Form type
3
Date filed
3/20/2024, 05:27 PM
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 6.8K Mar 14, 2024 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
holding QSR Restricted Share Units Mar 14, 2024 Common Shares 3.54K Direct F1, F2
holding QSR Restricted Share Units Mar 14, 2024 Common Shares 2.34K Direct F2, F3
holding QSR Performance Share Units Mar 14, 2024 Common Shares 10.6K Direct F4
holding QSR Restricted Share Units Mar 14, 2024 Common Shares 4.84K Direct F2, F5
holding QSR Performance Share Units Mar 14, 2024 Common Shares 9.9K Direct F6
holding QSR Performance Share Units Mar 14, 2024 Common Shares 9.49K Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023 and December 31, 2024.
F2 Each restricted share unit represents a contingent right to receive one common share.
F3 These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
F4 The shares reported represent an award of performance base share units (the "2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning on December 31, 2021 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.
F5 These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
F6 The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, 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.
F7 The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. 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.