Thomas B. Curtis - Jul 5, 2024 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
President, Burger King U.S. and Canada
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Thomas B. Curtis IV
Stock symbol
QSR
Transactions as of
Jul 5, 2024
Transactions value $
$0
Form type
4
Date filed
7/9/2024, 04:57 PM
Previous filing
Apr 8, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 27.1K Jul 5, 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
transaction QSR Restricted Share Units Award $0 +34.4 +0.83% $0.00 4.19K Jul 5, 2024 Common Shares 34.4 Direct F1, F2, F3
transaction QSR Performance Share Units Award $0 +137 +0.83% $0.00 16.6K Jul 5, 2024 Common Shares 137 Direct F4, F5
transaction QSR Restricted Share Units Award $0 +45.2 +0.83% $0.00 5.49K Jul 5, 2024 Common Shares 45.2 Direct F1, F2, F6
transaction QSR Performance Share Units Award $0 +135 +0.83% $0.00 16.5K Jul 5, 2024 Common Shares 135 Direct F5, F7
transaction QSR Restricted Share Units Award $0 +40.9 +0.83% $0.00 4.98K Jul 5, 2024 Common Shares 40.9 Direct F1, F2, F8
transaction QSR Performance Share Units Award $0 +353 +0.83% $0.00 43K Jul 5, 2024 Common Shares 353 Direct F5, F9
transaction QSR Restricted Share Units Award $0 +58.7 +0.83% $0.00 7.14K Jul 5, 2024 Common Shares 58.7 Direct F1, F2, F10
transaction QSR Performance Share Units Award $0 +382 +0.83% $0.00 46.4K Jul 5, 2024 Common Shares 382 Direct F5, F11
transaction QSR Restricted Share Units Award $0 +121 +0.83% $0.00 14.8K Jul 5, 2024 Common Shares 121 Direct F1, F2, F12
transaction QSR Performance Share Units Award $0 +499 +0.83% $0.00 60.6K Jul 5, 2024 Common Shares 499 Direct F5, F13
* 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 in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F4 The shares reported represent an award of performance based restricted share units ("2021-1 PBRSUs") granted to the Reporting Person. The 2021-1 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on September 1, 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.
F5 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 restricted share units to which they relate.
F6 These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024.
F7 The shares reported represent an award of performance based restricted share units ("2021-2 PBRSUs") granted to the Reporting Person. The 2021-2 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will best on December 15, 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.
F8 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F9 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.
F10 These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
F11 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.
F12 These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
F13 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 period.

Remarks:

President, Burger King U.S. and Canada