4//SEC Filing
Schwan Axel 4
Accession 0001594977-26-000003
CIK 0001618756other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:11 PM ET
Size
20.5 KB
Accession
0001594977-26-000003
Insider Transaction Report
Form 4
Schwan Axel
Pres., Tim Hortons Americas
Transactions
- Exercise/Conversion
Common Shares
2025-12-31+3,955.421→ 166,803.046 total - Exercise/Conversion
Restricted Share Units
2025-12-31−3,955.421→ 0 total→ Common Shares (3,955.421 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) - 4,294.842
Restricted Share Units
→ Common Shares (4,294.842 underlying) - 80,836.358
Performance Share Units
From: 2026-02-22Exp: 2026-02-22→ Common Shares (80,836.358 underlying) - 7,092.383
Restricted Share Units
→ Common Shares (7,092.383 underlying) - 56,339.85
Performance Share Units
From: 2027-03-15Exp: 2027-03-15→ Common Shares (56,339.85 underlying) - 9,310.434
Restricted Share Units
→ Common Shares (9,310.434 underlying) - 63,048.107
Performance Share Units
From: 2028-03-15Exp: 2028-03-15→ Common Shares (63,048.107 underlying)
Footnotes (10)
- [F1]Represents the vesting of the Reporting Person's restricted share units, which will settle shortly thereafter. Any shares that are withheld or sold to satisfy tax obligations will be reported separately in connection with the settlement.
- [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 occurred 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
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:11 PM ET
- Size
- 20.5 KB