Ali Hedayat - 01 Sep 2021 Form 4 Insider Report for Restaurant Brands International Inc. (QSR)

Role
Director
Signature
/s/ Michele Keusch, as attorney-in-fact for Ali Hedayat
Issuer symbol
QSR
Transactions as of
01 Sep 2021
Transactions value $
-$644,400
Form type
4
Filing time
03 Sep 2021, 17:54:00 UTC
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QSR Common Shares Sale -$644,400 -10,000 -48% $64.44 11,026 01 Sep 2021 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
holding QSR Option (right to buy) 21,381 01 Sep 2021 Common Shares 21,381 $46.77 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of the shares sold. The reported shares were sold in Canadian dollars at prices ranging from USD $64.36 to USD $64.52 per share (based upon the Bank of Canada's daily exchange rate on September 1, 2021 of 0.7932). The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
F2 The options were issued with an exercise price of CAD $61.65. The reported exercise price represents the U.S. dollar equivalent.
F3 These options are immediately exercisable.