Joseph M. Erlinger - 23 Oct 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
23 Oct 2023
Net transactions value
-$656,854
Form type
4
Filing time
24 Oct 2023, 17:35:07 UTC
Previous filing
22 Sep 2023
Next filing
22 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $494,555 +3,861 +38% $128.09 14,021 23 Oct 2023 Direct
transaction MCD Common Stock Sale $1,151,409 -4,487 -32% $256.61 9,534 23 Oct 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 Options (Right to Buy) Options Exercise $0 -3,861 -33% $0.000000 7,723 23 Oct 2023 Common Stock 3,861 $128.09 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.