Desiree Ralls-Morrison - 17 May 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
EVP, Chief Legal Off. and Sec.
Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
17 May 2023
Net transactions value
-$733,357
Form type
4
Filing time
19 May 2023, 13:15:24 UTC
Previous filing
15 Feb 2023
Next filing
16 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $0 +5,395 +173% $0.000000 8,521 17 May 2023 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +245 +2.9% $0.000000 8,766 17 May 2023 Direct F3
transaction MCD Common Stock Tax liability $733,357 -2,499 -29% $293.46 6,267 17 May 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCD Restricted Stock Units Options Exercise $0 -5,395 -100% $0.000000* 0 17 May 2023 Common Stock 5,395 Direct F1, F2
transaction MCD Dividend Equivalent Rights Options Exercise $0 -245 -100% $0.000000* 0 17 May 2023 Common Stock 245 Direct F3
holding MCD Phantom Stock 81 17 May 2023 Common Stock 81 Non-Qualified Benefit Plan F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 17, 2021, Ms. Ralls-Morrison was granted 10,791 restricted stock units ("RSUs"), vesting in two equal installments on the first two anniversaries of the grant date.
F2 Each RSU represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
F3 Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
F4 Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock.
F5 Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.
F6 Includes shares acquired through dividend reinvestment.