Enrique Hernandez Jr - May 25, 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
Director, Non-Exec Chairman of the Board
Signature
/s/ Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
May 25, 2023
Transactions value $
$0
Form type
4
Date filed
5/30/2023, 03:45 PM
Previous filing
Jan 4, 2023
Next filing
Jun 2, 2023

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 Award $0 +876 $0.00 876 May 25, 2023 Common Stock 876 Direct F1, F2
holding MCD Phantom Stock 89.9K May 25, 2023 Common Stock 89.9K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock. Upon vesting, payout under the RSUs will be in the form of shares or, at the discretion of the Compensation Committee of the Board of Directors, the cash value thereof. No dividend, voting or other shareholder rights attach to the RSUs until they vest and only if the payout upon vesting is in shares of common stock.
F2 The RSUs will vest in full on the later of one year from the grant date or the Director's retirement date or other termination from the Board.
F3 Each share of phantom stock is the economic equivalent of one share of the Company's common stock and shall be settled in cash, pursuant to the Directors' Deferred Compensation Plan.
F4 Payment of phantom stock will occur following the Director's retirement date or other termination from the Board.
F5 Includes shares acquired through dividend reinvestment.