X0306 4 2017-03-27 1 0001041379 POPEYES LOUISIANA KITCHEN, INC. PLKI 0001335921 Cohen Harold M AFC ENTERPRISES, INC. 400 PERIMETER CENTER TERRACE, SUITE 1000 ATLANTA GA 30346 0 1 0 0 General Counsel Common Stock 2017-03-27 4 D 0 12289 79.00 D 0 D Stock Option (Right to Buy) 34.75 2017-03-27 4 D 0 1314 0.00 D 2020-04-05 Common Stock 1314 0 D Stock Option (Right to Buy) 41.66 2017-03-27 4 D 0 5244 0.00 D 2021-04-05 Common Stock 5244 0 D Stock Option (Right to Buy) 59.75 2017-03-27 4 D 0 3539 0.00 D 2022-04-05 Common Stock 3539 0 D Stock Option (Right to Buy) 52.91 2017-03-27 4 D 0 5311 0.00 D 2023-04-05 Common Stock 5311 0 D Stock Unit (Contingent Right to Common Shares) 0.00 2017-03-27 4 D 0 2102 0.00 D 2017-03-27 Common Stock 2102 0 D PSU 0.00 2017-03-27 4 A 0 7084 0.00 A 2017-03-27 Common Stock 7084 7084 D PSU 0.00 2017-03-27 4 D 0 7084 0.00 D 2017-03-27 Common Stock 7084 0 D As of March 27, 2017, Issuer was acquired in a cash tender by an indirect subsidiary of Restaurant Brands International Inc. at a purchase price of $79 per share (the "Tender Offer"), as described more fully in the Schedule 14D-9 filed by the Issuer on February 27, 2017 and as subsequently supplemented and amended. All dispositions by Reporting Person in the Tender Offer were approved in advance by Issuer's Board of Directors. Issuer outstanding unvested restricted stock units ("RSA's") became fully vested under the terms of the Tender Offer and all vested RSA's were then converted into the $79 per share cash consideration. Performance share units ("PSU's") that were awarded because the Compensation Committee of the Board of Directors had determined the achievement of performance goals but remained subject to time vesting became vested on March 27, 2017 and were converted into the Tender Offer $79 cash consideration. Under the terms of the Tender Offer, Issuer outstanding stock options, if not yet vested became vested, and all Issuer stock options were converted into cash consideration at the amount of the difference between the exercise price of the option and the Tender Offer price of $79 per share. Issuer outstanding unvested restricted stock units ("RSU's") became fully vested under the terms of the Tender Offer and all vested RSU's were then converted into the $79 per share cash consideration in connection with the Tender Offer. Under the terms of The Tender Offer, PSU's previously awarded but where the Compensation Committee of the Board of Directors had not yet determined the fulfillment of the performance criteria (therefore, not yet reported on a Form 4) were deemed to have been earned and became immediately vested. These accelerated PSU's were then converted into the $79 per share cash consideration in connection with the Tender Offer. Peter H. Ward under Power of Attorney for Harold M. Cohen 2017-03-27