Home/Filings/4/0002015936-26-000003
4//SEC Filing

SANTELMO THIAGO T 4

Accession 0002015936-26-000003

CIK 0001618756other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 5:10 PM ET

Size

23.7 KB

Accession

0002015936-26-000003

Insider Transaction Report

Form 4
Period: 2025-12-31
SANTELMO THIAGO T
President, International
Transactions
  • Exercise/Conversion

    Common Shares

    2025-12-31+1,860.57264,770.163 total
  • Exercise/Conversion

    Restricted Share Units

    2025-12-311,860.5720 total
    Common Shares (1,860.572 underlying)
Holdings
  • Exchangeable Units

    Common Shares (205 underlying)
    205
  • Option (Right to Buy)

    Exercise: $55.55Exp: 2027-02-23Common Shares (10,000 underlying)
    10,000
  • Option (Right to Buy)

    Exercise: $58.44Exp: 2028-02-22Common Shares (10,000 underlying)
    10,000
  • Option (Right to Buy)

    Exercise: $64.75Exp: 2029-02-21Common Shares (30,000 underlying)
    30,000
  • Option (Right to Buy)

    Exercise: $66.31Exp: 2030-02-20Common Shares (7,500 underlying)
    7,500
  • Restricted Share Units

    Common Shares (2,166.59 underlying)
    2,166.59
  • Restricted Share Units

    Common Shares (3,002.584 underlying)
    3,002.584
  • Performance Share Units

    From: 2026-02-22Exp: 2026-02-22Common Shares (19,400.726 underlying)
    19,400.726
  • Performance Share Units

    From: 2027-03-15Exp: 2027-03-15Common Shares (30,339.047 underlying)
    30,339.047
  • Restricted Share Units

    Common Shares (5,497.276 underlying)
    5,497.276
  • Performance Share Units

    From: 2028-03-15Exp: 2028-03-15Common Shares (40,980.91 underlying)
    40,980.91
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 have a performance period beginning on 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 share 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 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]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 ("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.
  • [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 period.

Issuer

Restaurant Brands International Inc.

CIK 0001618756

Entity typeother

Related Parties

1
  • filerCIK 0002015936

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:10 PM ET
Size
23.7 KB