4//SEC Filing
Schwan Axel 4
Accession 0001594977-25-000008
CIK 0001618756other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 5:56 PM ET
Size
29.0 KB
Accession
0001594977-25-000008
Insider Transaction Report
Form 4
Schwan Axel
Pres., Tim Hortons Americas
Transactions
- Exercise/Conversion
Common Shares
2025-12-15+4,295.938→ 162,056.327 total - Sale
Common Shares
2025-12-15$70.87/sh−2,299.615$162,981→ 159,756.711 total - Exercise/Conversion
Common Shares
2025-12-15+3,547.253→ 163,303.964 total - Sale
Common Shares
2025-12-15$70.87/sh−1,898.845$134,577→ 161,405.12 total - Exercise/Conversion
Common Shares
2025-12-15+3,104.163→ 164,509.283 total - Sale
Common Shares
2025-12-15$70.87/sh−1,661.658$117,767→ 162,847.624 total - Exercise/Conversion
Restricted Share Units
2025-12-15−4,295.938→ 4,294.842 total→ Common Shares (4,295.938 underlying) - Exercise/Conversion
Restricted Share Units
2025-12-15−3,547.253→ 7,092.383 total→ Common Shares (3,547.253 underlying) - Exercise/Conversion
Restricted Share Units
2025-12-15−3,104.163→ 9,310.434 total→ Common Shares (3,104.163 underlying)
Holdings
- 40,000
Option (Right to Buy)
Exercise: $58.44Exp: 2028-02-22→ Common Shares (40,000 underlying) - 30,000
Option (Right to Buy)
Exercise: $64.75Exp: 2029-02-21→ Common Shares (30,000 underlying) - 56,000
Option (Right to Buy)
Exercise: $66.31Exp: 2030-02-20→ Common Shares (56,000 underlying) - 3,955.421
Restricted Share Units
→ Common Shares (3,955.421 underlying) - 80,836.358
Performance Share Units
From: 2026-02-22Exp: 2026-02-22→ Common Shares (80,836.358 underlying) - 56,339.85
Performance Share Units
From: 2027-03-15Exp: 2027-03-15→ Common Shares (56,339.85 underlying) - 63,048.107
Performance Share Units
From: 2028-03-15Exp: 2028-03-15→ Common Shares (63,048.107 underlying)
Footnotes (10)
- [F1]Represents shares sold to cover withholding tax obligations on the settlement of the reported vesting of the Reporting Person's restricted share units.
- [F10]The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs will have a performance period beginning February 28, 2025 and ending February 28, 2028 and to the extent earned will vest on March 15, 2028. 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.
- [F2]These options are fully vested and exercisable.
- [F3]Each restricted share unit represents a contingent right to receive one common share.
- [F4]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 31, 2025.
- [F5]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
- [F6]The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026. 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.
- [F7]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
- [F8]The shares reported represent an award of performance based restricted share units ("2024 PBRSUs") granted to the Reporting Person. The 2024 PBRSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. 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.
- [F9]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026, December 15, 2027 and December 15, 2028.
Documents
Issuer
Restaurant Brands International Inc.
CIK 0001618756
Entity typeother
Related Parties
1- filerCIK 0001594977
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 5:56 PM ET
- Size
- 29.0 KB