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Filing Details

Accession Number:: 0001209191-21-016418
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-02 18:07:49
Reporting Period:: 2021-02-26

Accepted Time:: 2021-03-02 18:07:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1618756	Restaurant Brands International Inc.	QSR	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1574771	Joshua Kobza	130 King Street West Suite 300 Toronto A6 M5X 1E1	Coo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares	Acquisiton	2021-02-26	402,557	$0.00	526,717	No	4	M	Direct
Common Shares	Disposition	2021-02-26	157,621	$60.31	369,096	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Performance Share Units	Disposition	2021-02-26	402,557	$0.00	402,557	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2021-02-26	2021-02-26	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Shares	Exchangeable units	$0.00			5,413	5,413	Direct
Common Shares	Option (right to buy)	$42.26		2025-03-05	35,494	35,494	Direct
Common Shares	Option (right to buy)	$42.26		2025-03-05	300,000	300,000	Direct
Common Shares	Restricted Share Units	$0.00			22,579	22,579	Direct
Common Shares	Option (right to buy)	$56.92	2022-05-05	2027-05-04	200,000	200,000	Direct
Common Shares	Restricted Share Units	$0.00			18,965	18,965	Direct
Common Shares	Restricted Share Units	$0.00			14,298	14,298	Direct
Common Shares	Performance Share Units	$0.00	2024-02-22	2024-02-22	241,653	241,653	Direct
Common Shares	Restricted Share Units	$0.00			15,073	15,073	Direct
Common Shares	Performance Share Units	$0.00	2025-02-21	2025-02-21	208,553	208,553	Direct
Common Shares	Restricted Share Units	$0.00			41,250	41,250	Direct
Common Shares	Restricted Share Units	$0.00			19,591	19,591	Direct
Common Shares	Performance Share Units	$0.00	2024-02-19	2024-02-19	83,750	83,750	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	5,413	5,413	Direct
2025-03-05	35,494	35,494	Direct
2025-03-05	300,000	300,000	Direct
	22,579	22,579	Direct
2027-05-04	200,000	200,000	Direct
	18,965	18,965	Direct
	14,298	14,298	Direct
2024-02-22	241,653	241,653	Direct
	15,073	15,073	Direct
2025-02-21	208,553	208,553	Direct
	41,250	41,250	Direct
	19,591	19,591	Direct
2024-02-19	83,750	83,750	Direct

Footnotes

On February 26, 2021, 402,557.0486 of the Reporting Person's performance based restricted share units vested.
Represents shares sold to cover withholding tax obligations on the settlement of the reported vesting of the Reporting Person's performance based restricted share units.
Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of RestaurantBrands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certaincircumstances). This conversion right has no expiration date.
These options are immediately exerciseable.
The shares reported represent an award of performance based restricted share units (the "2016 PBRSUs") granted to the Reporting Person. The 2016 PBRSUs had a three-year performance period beginning January 1, 2015 and ending December 31, 2018 and will vest 100% on February 26, 2021, which is the fifth anniversary of the grant date.
Each restricted share unit represents a contingent right to receive one common share.
These restricted share units vest on December 31, 2021.
These restricted share units vest on December 31, 2022.
These restricted share units vest on December 31, 2023.
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.
These restricted share units vest on December 31, 2024.
The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 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.
Each restricted share unit represents a contingent right to receive one common share.
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022 and December 31, 2023.
These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.
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.