Sami Siddiqui - Aug 23, 2024 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
Chief Financial Officer
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Sami Siddiqui
Stock symbol
QSR
Transactions as of
Aug 23, 2024
Transactions value $
$0
Form type
4
Date filed
8/27/2024, 05:02 PM
Previous filing
Jul 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QSR Common Shares Gift $0 -62K -80.13% $0.00 15.4K Aug 23, 2024 Direct F1
transaction QSR Common Shares Gift $0 +62K +53.12% $0.00 179K Aug 23, 2024 By Trust F1, F2

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 Option (Right to Buy) 80K Aug 23, 2024 Common Shares 80K $55.55 Direct F3
holding QSR Option (Right to Buy) 20K Aug 23, 2024 Common Shares 20K $66.31 Direct
holding QSR Restricted Share Units 8.41K Aug 23, 2024 Common Shares 8.41K Direct F4, F5
holding QSR Performance Share Units 23.5K Aug 23, 2024 Common Shares 23.5K Direct F6
holding QSR Performance Share Units 22.7K Aug 23, 2024 Common Shares 22.7K Direct F7
holding QSR Restricted Share Units 2.89K Aug 23, 2024 Common Shares 2.89K Direct F4, F8
holding QSR Restricted Share Units 4.71K Aug 23, 2024 Common Shares 4.71K Direct F4, F9
holding QSR Performance Share Units 43K Aug 23, 2024 Common Shares 43K Direct F10
holding QSR Restricted Share Units 7K Aug 23, 2024 Common Shares 7K Direct F4, F11
holding QSR Performance Share Units 38.7K Aug 23, 2024 Common Shares 38.7K Direct F12
holding QSR Restricted Share Units 14.2K Aug 23, 2024 Common Shares 14.2K Direct F4, F13
holding QSR Performance Share Units 47.2K Aug 23, 2024 Common Shares 47.2K Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person gifted these shares to his revocable trust in an exempt transaction pursuant to Rule 16b-5 under the Securities Exchange Act of 1934, as amended.
F2 These shares are held by a revocable trust, of which the Reporting Person is the settlor and trustee for the benefit of the Reporting Person.
F3 These options are fully vested and exercisable.
F4 Each restricted share unit represents a contingent right to receive one common share.
F5 These restricted share units vest on December 31, 2024.
F6 The shares reported represent an award of performance based restricted share units (the "2020-1 PBRSUs") granted to the Reporting Person. The 2020-1 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.
F7 The shares reported represent an award of performance based restricted share units ("2020-2 PBRSUs") granted to the Reporting Person. The 2020-2 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date.
F8 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F9 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F10 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.
F11 These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
F12 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.
F13 These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
F14 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.