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

Signature
Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Feb 23, 2024
Transactions value $
-$913,285
Form type
4
Date filed
2/27/2024, 04:10 PM
Previous filing
Feb 21, 2024
Next filing
Oct 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $370K +2.35K +47.82% $157.79 7.25K Feb 23, 2024 Direct
transaction MCD Common Stock Sale -$1.28M -4.35K -59.93% $295.32 2.91K Feb 23, 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 -2.35K -16.67% $0.00 11.7K Feb 23, 2024 Common Stock 2.35K $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.