Sami Siddiqui - Oct 4, 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
Oct 4, 2024
Transactions value $
$0
Form type
4
Date filed
10/8/2024, 04:58 PM
Previous filing
Aug 27, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QSR Common Shares 15.4K Oct 4, 2024 Direct
holding QSR Common Shares 179K Oct 4, 2024 By Trust 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 Award $0 +68.8 +0.82% $0.00 8.48K Oct 4, 2024 Common Shares 68.8 Direct F3, F4, F5
transaction QSR Performance Share Units Award $0 +192 +0.82% $0.00 23.7K Oct 4, 2024 Common Shares 192 Direct F6, F7
transaction QSR Performance Share Units Award $0 +186 +0.82% $0.00 22.9K Oct 4, 2024 Common Shares 186 Direct F7, F8
transaction QSR Restricted Share Units Award $0 +23.6 +0.82% $0.00 2.91K Oct 4, 2024 Common Shares 23.6 Direct F3, F4, F9
transaction QSR Restricted Share Units Award $0 +38.5 +0.82% $0.00 4.75K Oct 4, 2024 Common Shares 38.5 Direct F3, F4, F10
transaction QSR Performance Share Units Award $0 +351 +0.82% $0.00 43.3K Oct 4, 2024 Common Shares 351 Direct F7, F11
transaction QSR Restricted Share Units Award $0 +57.2 +0.82% $0.00 7.05K Oct 4, 2024 Common Shares 57.2 Direct F3, F4, F12
transaction QSR Performance Share Units Award $0 +316 +0.82% $0.00 39K Oct 4, 2024 Common Shares 316 Direct F7, F13
transaction QSR Restricted Share Units Award $0 +116 +0.82% $0.00 14.3K Oct 4, 2024 Common Shares 116 Direct F3, F4, F14
transaction QSR Performance Share Units Award $0 +386 +0.82% $0.00 47.6K Oct 4, 2024 Common Shares 386 Direct F7, F15
holding QSR Option (Right to Buy) 80K Oct 4, 2024 Common Shares 80K $55.55 Direct F2
holding QSR Option (Right to Buy) 20K Oct 4, 2024 Common Shares 20K $66.31 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These options are fully vested and exercisable.
F3 Each restricted share unit represents a contingent right to receive one common share.
F4 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.
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 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.
F8 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.
F9 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F10 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F11 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.
F12 These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
F13 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.
F14 These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
F15 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.