Joseph M. Erlinger - 14 Feb 2022 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
President, McDonald's USA
Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
14 Feb 2022
Net transactions value
-$382,112
Form type
4
Filing time
16 Feb 2022, 16:17:53 UTC
Previous filing
29 Oct 2021
Next filing
06 May 2022
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 +3,164 +39% $0.000000 11,351 14 Feb 2022 Direct F1, F2
transaction MCD Common Stock Exercise of in-the-money or at-the-money derivative security $0 +236 +2.1% $0.000000 11,587 14 Feb 2022 Direct F3
transaction MCD Common Stock Tax liability $382,112 -1,508 -13% $253.39 10,079 14 Feb 2022 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 -3,164 -100% $0.000000* 0 14 Feb 2022 Common Stock 3,164 Direct F1, F2
transaction MCD Dividend Equivalent Rights Exercise of in-the-money or at-the-money derivative security $0 -236 -100% $0.000000* 0 14 Feb 2022 Common Stock 236 Direct F3
transaction MCD Options (Right to Buy) Award $0 +41,548 $0.000000 41,548 14 Feb 2022 Common Stock 41,548 $253.39 Direct F4
* 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 performance against the pre-approved financial targets, the reporting person vested in 66.7% of the original grant of 4,743 performance based restricted stock units ("RSUs").
F2 Each performance-based RSU represents a right to acquire one share of McDonald's Corporation 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 McDonald's Corporation common stock.
F4 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.