4//SEC Filing
Housman Jeffrey 4
Accession 0001908101-26-000003
CIK 0001618756other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:11 PM ET
Size
22.5 KB
Accession
0001908101-26-000003
Insider Transaction Report
Form 4
Housman Jeffrey
See Remarks
Transactions
- Exercise/Conversion
Common Shares
2025-12-31+3,376.552→ 149,538.146 total - Exercise/Conversion
Restricted Share Units
2025-12-31−3,376.552→ 0 total→ Common Shares (3,376.552 underlying)
Holdings
- 431
Exchangeable Units
→ Common Shares (431 underlying) - 20,000
Option (Right to Buy)
Exercise: $55.55Exp: 2027-02-24→ Common Shares (20,000 underlying) - 30,000
Option (Right to Buy)
Exercise: $58.44Exp: 2028-02-23→ Common Shares (30,000 underlying) - 20,000
Option (Right to Buy)
Exercise: $66.31Exp: 2030-02-21→ Common Shares (20,000 underlying) - 2,556.532
Restricted Share Units
→ Common Shares (2,556.532 underlying) - 24,250.907
Performance Share Units
From: 2026-02-22Exp: 2026-02-22→ Common Shares (24,250.907 underlying) - 5,273.633
Restricted Share Units
→ Common Shares (5,273.633 underlying) - 28,169.925
Performance Share Units
From: 2027-03-15Exp: 2027-03-15→ Common Shares (28,169.925 underlying) - 5,614.415
Restricted Share Units
→ Common Shares (5,614.415 underlying) - 33,887.882
Performance Share Units
From: 2028-03-15Exp: 2028-03-15→ Common Shares (33,887.882 underlying)
Footnotes (11)
- [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]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.
- [F11]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]Each Restaurant Brands International Limited Partnership exchangeable unit is convertible, at the Reporting Person's election, into common shares of Restaurant Brands International Inc. or a cash amount equal to a prescribed cash amount determined by reference to the weighted average trading price of Restaurant Brands International Inc.'s common shares on the New York Stock Exchange for the 20 consecutive trading days ending on the last business day prior to the exchange date, at the sole discretion of the general partner of Restaurant Brands International Limited Partnership (subject to the consent of the Restaurant Brands International Inc. conflicts committee, in certain circumstances). This conversion right has no expiration date.
- [F3]These options are fully vested and exercisable.
- [F4]Each restricted share unit represents a contingent right to receive one common share.
- [F5]These restricted share units vest in equal annual installments. The remaining vesting occurred on December 31, 2025.
- [F6]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
- [F7]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.
- [F8]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
- [F9]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.
Documents
Issuer
Restaurant Brands International Inc.
CIK 0001618756
Entity typeother
Related Parties
1- filerCIK 0001908101
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:11 PM ET
- Size
- 22.5 KB