RESTAURANT BRANDS INTL INC

Ticker: QSR CUSIP: 76131D103 Class: Common Stock

MAD RIVER INVESTORS's Holding History (CIK: 0001384484)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 13,800 Value ($000) $536 Avg Close $34.78 Range $29.28 - $39.67

Q4 2015

Shares 13,800 Value ($000) $516 Avg Close $36.72 Range $34.19 - $41.33

Q3 2015

Shares 13,800 Value ($000) $496 Avg Close $39.64 Range $34.61 - $44.60

Q2 2015

Shares 62,439 Value ($000) $2,386 Avg Close $39.43 Range $36.97 - $43.26

Q1 2015

Shares 79,442 Value ($000) $3,051 Avg Close $39.85 Range $37.11 - $45.71

Q4 2014

Shares 79,342 Value ($000) $3,097 Avg Close $38.08 Range $34.86 - $42.98

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	13,800	$536	$34.78	$29.28 - $39.67
Q4 2015	13,800	$516	$36.72	$34.19 - $41.33
Q3 2015	13,800	$496	$39.64	$34.61 - $44.60
Q2 2015	62,439	$2,386	$39.43	$36.97 - $43.26
Q1 2015	79,442	$3,051	$39.85	$37.11 - $45.71
Q4 2014	79,342	$3,097	$38.08	$34.86 - $42.98