Marion K. Gross - 12 Feb 2024 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
EVP-Chief Supply Chain Officer
Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
12 Feb 2024
Net transactions value
$0
Form type
4
Filing time
14 Feb 2024, 17:49:52 UTC
Previous filing
03 Nov 2023
Next filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCD Common Stock 218 12 Feb 2024 Direct F1
holding MCD Common Stock 2,236 12 Feb 2024 By Trust
holding MCD Common Stock 12,076 12 Feb 2024 Owned Jointly

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) Award $0 +10,449 $0.000000 10,449 12 Feb 2024 Common Stock 10,449 $289.44 Direct F2
transaction MCD Restricted Stock Units Award $0 +834 +60% $0.000000 2,216 12 Feb 2024 Common Stock 834 Direct F3, F4
holding MCD Phantom Stock 9,437 12 Feb 2024 Common Stock 9,437 Non-Qualified Benefit Plan F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired through dividend reinvestment.
F2 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F3 Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
F4 As a result of the Company's performance against the pre-approved financial targets as certified on February 12, 2024 for the period of January 1, 2021 through December 31, 2023, the reporting person will vest in 150% of the original target amount of 1,382 performance-based RSUs, plus shares acquired through dividend reinvestment, subject to completion of the service period on February 16, 2024. Accordingly, the reported transaction reflects the acquisition of an additional 834 RSUs earned above the target grant.
F5 Each share of phantom stock represents a right to receive the cash value of one share of the Company common stock.
F6 Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.