4//SEC Filing
Fulton Duncan 4
Accession 0001908102-25-000006
CIK 0001618756other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 5:55 PM ET
Size
28.6 KB
Accession
0001908102-25-000006
Insider Transaction Report
Form 4
Fulton Duncan
Chief Corporate Officer
Transactions
- Exercise/Conversion
Common Shares
2025-12-15+2,434.31→ 38,649.468 total - Sale
Common Shares
2025-12-15$70.89/sh−1,303.086$92,380→ 37,346.382 total - Exercise/Conversion
Common Shares
2025-12-15+2,550.824→ 39,897.206 total - Sale
Common Shares
2025-12-15$70.89/sh−1,365.456$96,802→ 38,531.75 total - Exercise/Conversion
Common Shares
2025-12-15+1,610.474→ 40,142.224 total - Sale
Common Shares
2025-12-15$70.89/sh−862.087$61,116→ 39,280.137 total - Exercise/Conversion
Restricted Share Units
2025-12-15−2,434.31→ 2,434.31 total→ Common Shares (2,434.31 underlying) - Exercise/Conversion
Restricted Share Units
2025-12-15−2,550.824→ 5,101.647 total→ Common Shares (2,550.824 underlying) - Exercise/Conversion
Restricted Share Units
2025-12-15−1,610.474→ 4,832.451 total→ Common Shares (1,610.474 underlying)
Holdings
- 60,000
Option (Right to Buy)
Exercise: $63.64Exp: 2028-08-03→ Common Shares (60,000 underlying) - 15,000
Option (Right to Buy)
Exercise: $66.31Exp: 2030-02-21→ Common Shares (15,000 underlying) - 3,194.015
Restricted Share Units
→ Common Shares (3,194.015 underlying) - 23,849.003
Performance Share Units
From: 2026-02-22Exp: 2026-02-22→ Common Shares (23,849.003 underlying) - 21,061.817
Performance Share Units
From: 2027-03-15Exp: 2027-03-15→ Common Shares (21,061.817 underlying) - 23,646.326
Performance Share Units
From: 2028-03-15Exp: 2028-03-15→ Common Shares (23,646.326 underlying)
Footnotes (13)
- [F1]Represents shares sold to cover withholding tax obligations on the settlement of the reporting vesting of the Reporting Person's restricted share units.
- [F10]These restricted share units vest in equal annual installments. The remaining vestings will occur on December 15, 2026 and December 15, 2027.
- [F11]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.
- [F12]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.
- [F13]The shares reported represent an award of performance based restricted share units ("2025 PBRSUs") granted to the Reporting Person. The 2025 PBRSUs have a performance period beginning on February 28, 2025 and ending on 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]The reported shares were sold in Canadian dollars at a price of CAD$97.6222 per share. The purchase price was converted into its U.S. dollar equivalent using the Bank of Canada daily exchange rate on the sale date.
- [F3]The options were issued with an exercise price of CAD $82.81. The reported exercise price represents the U.S. dollar equivalent.
- [F4]These options are fully vested and exercisable.
- [F5]The options were issued with an exercise price of CAD $88.03. The reported exercise price represents the U.S. dollar equivalent.
- [F6]Each restricted share unit represents a contingent right to receive one common share.
- [F7]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 31, 2025.
- [F8]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
- [F9]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.
Documents
Issuer
Restaurant Brands International Inc.
CIK 0001618756
Entity typeother
Related Parties
1- filerCIK 0001908102
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 5:55 PM ET
- Size
- 28.6 KB