Tiffanie L. Boyd - Aug 19, 2024 Form 3 Insider Report for MCDONALDS CORP (MCD)

Role
EVP - Chief People Officer
Signature
Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Aug 19, 2024
Transactions value $
$0
Form type
3
Date filed
8/29/2024, 05:04 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCD Common Stock 4.18K Aug 19, 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
holding MCD Options (Right to Buy) Aug 19, 2024 Common Stock 8.49K $215.03 Direct F1
holding MCD Options (Right to Buy) Aug 19, 2024 Common Stock 5.31K $289.44 Direct F1
holding MCD Restricted Stock Units Aug 19, 2024 Common Stock 1.41K Direct F2
holding MCD Restricted Stock Units Aug 19, 2024 Common Stock 1.32K Direct F2, F3
holding MCD Restricted Stock Units Aug 19, 2024 Common Stock 3.03K Direct F2
holding MCD Restricted Stock Units Aug 19, 2024 Common Stock 1.22K Direct F2, F4
holding MCD Restricted Stock Units Aug 19, 2024 Common Stock 1.26K Direct F2
holding MCD Restricted Stock Units Aug 19, 2024 Common Stock 1.05K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F2 Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
F3 Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted earnings per share ("EPS") growth and return on invested capital ("ROIC") for the period of January 1, 2022 through December 31, 2024 (the "2022-2024 Performance Period"). If the Company satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the the Company's total shareholder return relative to the S&P 500 Index over the 2022-2024 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.
F4 Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted EPS growth and ROIC for the period of January 1, 2023 through December 31, 2025 (the "2023-2025 Performance Period"). If the Company satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the Company's total shareholder return relative to the S&P 500 Index over the 2023-2025 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.
F5 Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted EPS growth and ROIC for the period of January 1, 2024 through December 31, 2026 (the "2024-2026 Performance Period"). If the Company satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the Company's total shareholder return relative to the S&P 500 Index over the 2024-2026 Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.