Edith Morgan Flatley - 23 Feb 2024 Form 4 Insider Report for MCDONALDS CORP (MCD)

Signature
Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
23 Feb 2024
Net transactions value
-$913,285
Form type
4
Filing time
27 Feb 2024, 16:10:27 UTC
Previous filing
21 Feb 2024
Next filing
15 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $370,175 +2,346 +48% $157.79 7,251 23 Feb 2024 Direct
transaction MCD Common Stock Sale $1,283,461 -4,346 -60% $295.32 2,905 23 Feb 2024 Direct F1

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 -2,346 -17% $0.000000 11,730 23 Feb 2024 Common Stock 2,346 $157.79 Direct F2
* 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 This transaction was executed in multiple trades ranging from $295.07 to $295.34 per share. The price reported represents the weighted average sales price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
F2 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.