4//SEC Filing
SANTELMO THIAGO T 4
Accession 0002015936-26-000006
CIK 0001618756other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 4:32 PM ET
Size
29.1 KB
Accession
0002015936-26-000006
Insider Transaction Report
Form 4
SANTELMO THIAGO T
President, International
Transactions
- Award
Common Shares
2026-01-06+17.284→ 64,787.447 total - Sale
Common Shares
2026-01-07$67.44/sh−699.17$47,152→ 64,088.277 total - Award
Restricted Share Units
2026-01-06+20.127→ 2,186.717 total→ Common Shares (20.127 underlying) - Award
Restricted Share Units
2026-01-06+27.893→ 3,030.477 total→ Common Shares (27.893 underlying) - Award
Performance Share Units
2026-01-06+180.229→ 19,580.954 totalFrom: 2026-02-22Exp: 2026-02-22→ Common Shares (180.229 underlying) - Award
Performance Share Units
2026-01-06+281.843→ 30,620.89 totalFrom: 2027-03-15Exp: 2027-03-15→ Common Shares (281.843 underlying) - Award
Restricted Share Units
2026-01-06+51.069→ 5,548.345 total→ Common Shares (51.069 underlying) - Award
Performance Share Units
2026-01-06+380.704→ 41,361.614 totalFrom: 2028-03-15Exp: 2028-03-15→ Common Shares (380.704 underlying)
Holdings
- 205
Exchangeable Units
→ Common Shares (205 underlying) - 10,000
Option (Right to Buy)
Exercise: $55.55Exp: 2027-02-23→ Common Shares (10,000 underlying) - 10,000
Option (Right to Buy)
Exercise: $58.44Exp: 2028-02-22→ Common Shares (10,000 underlying) - 30,000
Option (Right to Buy)
Exercise: $64.75Exp: 2029-02-21→ Common Shares (30,000 underlying) - 7,500
Option (Right to Buy)
Exercise: $66.31Exp: 2030-02-20→ Common Shares (7,500 underlying)
Footnotes (13)
- [F1]Represents shares settled from dividend equivalent rights that accrued on a vested restricted share unit award in respect of dividends that were paid after the vesting of the award with a record date prior to the vesting of the award.
- [F10]Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the performance based restricted share units to which they relate.
- [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 period.
- [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 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]Represents shares sold to cover withholding tax obligations on the settlement of the previously reported vesting of the Reporting Person's restricted share units.
- [F3]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.
- [F4]These options are fully vested and exercisable.
- [F5]Each restricted share unit represents a contingent right to receive one common share.
- [F6]Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.
- [F7]These restricted share units vest in equal annual installments. The remaining vesting will occur on December 15, 2026.
- [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 ("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 0002015936
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 4:32 PM ET
- Size
- 29.1 KB