Joseph M. Erlinger - Dec 22, 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Signature
/s/ Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Dec 22, 2023
Transactions value $
-$837,595
Form type
4
Date filed
12/22/2023, 02:46 PM
Previous filing
Nov 22, 2023
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $495K +3.86K +43.35% $128.09 12.8K Dec 22, 2023 Direct
transaction MCD Common Stock Sale -$1.33M -4.58K -35.89% $290.70 8.19K Dec 22, 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 -3.86K -100% $0.00* 0 Dec 22, 2023 Common Stock 3.86K $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.