THOMAS BENJAMIN CURTIS - 31 Dec 2024 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
Officer
Signature
/s/ Michele Keusch, as Attorney-in-Fact for Thomas B. Curtis IV
Issuer symbol
QSR
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
03 Jan 2025, 17:00:52 UTC
Previous filing
17 Dec 2024
Next filing
07 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QSR Common Shares Options Exercise +4,221 +7.8% 58,539 31 Dec 2024 Direct F1
transaction QSR Common Shares Options Exercise +2,508 +4.3% 61,047 31 Dec 2024 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 -4,221 -100% $0.000000 0 31 Dec 2024 Common Shares 4,221 Direct F2, F3
transaction QSR Restricted Share Units Options Exercise $0 -2,508 -50% $0.000000 2,508 31 Dec 2024 Common Shares 2,508 Direct F2, F4
holding QSR Performance Share Units 43,324 31 Dec 2024 Common Shares 43,324 Direct F5
holding QSR Restricted Share Units 4,800 31 Dec 2024 Common Shares 4,800 Direct F2, F6
holding QSR Performance Share Units 46,788 31 Dec 2024 Common Shares 46,788 Direct F7
holding QSR Restricted Share Units 11,156 31 Dec 2024 Common Shares 11,156 Direct F2, F8
holding QSR Performance Share Units 61,143 31 Dec 2024 Common Shares 61,143 Direct F9
* 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 restricted share unit represents a contingent right to receive one common share.
F3 These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F4 These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.
F5 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, 2022 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.
F6 These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.
F7 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.
F8 These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.
F9 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.