Manuel JM Steijaert - Aug 1, 2021 Form 3 Insider Report for MCDONALDS CORP (MCD)

Role
EVP - Chief Customer Officer
Signature
/s/ Jennifer Card, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Aug 1, 2021
Transactions value $
$0
Form type
3
Date filed
8/6/2021, 04:19 PM
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCD Common Stock 387 Aug 1, 2021 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 1, 2021 Common Stock 1.69K $128.09 Direct F1
holding MCD Options (Right to Buy) Aug 1, 2021 Common Stock 2.36K $157.79 Direct F1
holding MCD Options (Right to Buy) Aug 1, 2021 Common Stock 6.41K $174.15 Direct F1
holding MCD Restricted Stock Units Aug 1, 2021 Common Stock 1.22K Direct F2, F3
holding MCD Restricted Stock Units Aug 1, 2021 Common Stock 3.33K Direct F2
holding MCD Restricted Stock Units Aug 1, 2021 Common Stock 948 Direct F2, F4
holding MCD Restricted Stock Units Aug 1, 2021 Common Stock 1.22K Direct F2
holding MCD Restricted Stock Units Aug 1, 2021 Common Stock 1.21K 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 common stock.
F3 Represents the target number of RSUs granted, subject to performance-based vesting conditions linked to diluted earnings per share ("EPS") growth and return on incremental invested capital ("ROIIC") for the period of January 1, 2019 through December 31, 2021 (the "2019-2021 Performance Period"). If McDonald's Corporation satisfies both the EPS and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the 2019-2021 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted.
F4 Represents the target number of RSUs granted, subject to performance-based vesting conditions linked to diluted EPS growth and ROIIC for the period of January 1, 2020 through December 31, 2022 (the "2020-2022 Performance Period"). If McDonald's Corporation satisfies both the EPS and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the 2020-2022 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted.
F5 Represents the target number of RSUs granted, subject to performance-based vesting conditions linked to diluted EPS growth and return on invested capital ("ROIC") for the period of January 1, 2021 through December 31, 2023 (the "2021-2023 Performance Period"). If McDonald's Corporation satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the 2021-2023 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted.