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Restaurant Brands International Inc. — Director's Dealing 2021
Oct 7, 2021
30152_dirs_2021-10-07_c31f1512-d913-4773-b1d4-dbf70b52d355.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Restaurant Brands International Inc. (QSR)
CIK: 0001618756
Period of Report: 2021-10-05
Reporting Person: Siddiqui Sami A. (Brand Pres., Popeyes, Americas)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-05 | Restricted Share Units | $ | A | 75.8553 | Acquired | Common Shares (75.8553) | Direct | |
| 2021-10-05 | Restricted Share Units | $ | A | 53.4756 | Acquired | Common Shares (53.4756) | Direct | |
| 2021-10-05 | Restricted Share Units | $ | A | 64.9497 | Acquired | Common Shares (64.9497) | Direct | |
| 2021-10-05 | Performance Share Units | $ | A | 466.9544 | Acquired | 2024-02-22 | Common Shares (466.9544) | Direct |
| 2021-10-05 | Performance Share Units | $ | A | 181.3477 | Acquired | 2025-02-21 | Common Shares (181.3477) | Direct |
| 2021-10-05 | Performance Share Units | $ | A | 175.4329 | Acquired | 2025-02-21 | Common Shares (175.4329) | Direct |
| 2021-10-05 | Restricted Share Units | $ | A | 114.7808 | Acquired | Common Shares (114.7808) | Direct | |
| 2021-10-20 | Restricted Share Units | $ | A | 89.329 | Acquired | Common Shares (89.329) | Direct | |
| 2021-10-05 | Performance Share Units | $ | A | 233.0397 | Acquired | 2024-02-19 | Common Shares (233.0397) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 157779.4374 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option (Right to Buy) | $55.55 | 2027-02-23 | Common Shares (80000) | 80000 | Direct |
| Option (Right to Buy) | $66.31 | 2030-02-20 | Common Shares (20000) | 20000 | Direct |
Footnotes
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 on December 31, 2021.
F4: These restricted share units vest on December 31, 2023.
F5: These restricted share units vest on December 31, 2024.
F6: The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs will have a performance period ending December 31, 2021 and to the extent earned will vest on February 21, 2024, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition.
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 performance based restricted share units to which they relate.
F8: 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 will have a performance period ending December 31, 2021 and to the extent earned will vest on February 21, 2025, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition.
F9: 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 ending December 31, 2021 and to the extent earned will vest on February 21, 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 31, 2021, December 31, 2022 and December 2023.
F11: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
F12: The shares reported represent an award of performance based restricted share units ("2021 PBRSUs") granted to the Reporting Person. The 2021 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on February 19, 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.