Lloyd H. Dean - Dec 31, 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
Director
Signature
Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Dec 31, 2023
Transactions value $
$234,145
Form type
4
Date filed
1/3/2024, 04:27 PM
Previous filing
Oct 3, 2023
Next filing
Apr 2, 2024

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 Phantom Stock Award $234K +790 +6.7% $296.51 12.6K Dec 31, 2023 Common Stock 790 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of McDonald's Corporation common stock and shall be settled in cash, pursuant to the Directors' Deferred Compensation Plan (the "Plan").
F2 Acquisition of phantom stock pursuant to the Plan in transaction exempt under Rule 16b-3(d)(1). Amount represents deferred compensation.
F3 Payment of phantom stock will occur following the Director's retirement date or other termination from the Board.
F4 Includes shares acquired through dividend reinvestment.