Christopher Kempczinski - Feb 16, 2024 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
President and CEO, Director
Signature
Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Feb 16, 2024
Transactions value $
-$8,211,369
Form type
4
Date filed
2/21/2024, 04:18 PM
Previous filing
Feb 14, 2024
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $0 +60.5K +208.27% $0.00 89.5K Feb 16, 2024 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +4.17K +4.66% $0.00 93.7K Feb 16, 2024 Direct F3
transaction MCD Common Stock Tax liability -$8.21M -28.1K -30.02% $292.02 65.5K Feb 16, 2024 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 Restricted Stock Units Options Exercise $0 -60.5K -100% $0.00* 0 Feb 16, 2024 Common Stock 60.5K Direct F1, F2
transaction MCD Dividend Equivalent Rights Options Exercise $0 -4.17K -100% $0.00* 0 Feb 16, 2024 Common Stock 4.17K Direct F3
holding MCD Phantom Stock 4.77K Feb 16, 2024 Common Stock 4.77K Non-Qualified Benefit Plan F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As a result of McDonald's Corporation's (the "Company") performance against the pre-approved financial targets, the reporting person vested in 187.5% of the original grant of 32,247 performance-based restricted stock units ("RSUs").
F2 Each RSU represents a right to acquire one share of the Company's common stock.
F3 Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
F4 Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock.
F5 Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.
F6 Includes shares acquired through dividend reinvestment.