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

Role
President and CEO, Director
Signature
Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
16 Feb 2024
Net transactions value
-$8,211,369
Form type
4
Filing time
21 Feb 2024, 16:18:01 UTC
Previous filing
14 Feb 2024
Next filing
13 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $0 +60,463 +208% $0.000000 89,494 16 Feb 2024 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +4,171 +4.7% $0.000000 93,665 16 Feb 2024 Direct F3
transaction MCD Common Stock Tax liability $8,211,369 -28,119 -30% $292.02 65,546 16 Feb 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 -60,463 -100% $0.000000* 0 16 Feb 2024 Common Stock 60,463 Direct F1, F2
transaction MCD Dividend Equivalent Rights Options Exercise $0 -4,171 -100% $0.000000* 0 16 Feb 2024 Common Stock 4,171 Direct F3
holding MCD Phantom Stock 4,772 16 Feb 2024 Common Stock 4,772 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.