Daniel Henry - 14 Feb 2022 Form 4 Insider Report for MCDONALDS CORP (MCD)

Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
14 Feb 2022
Net transactions value
-$156,848
Form type
4
Filing time
16 Feb 2022, 16:23:20 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $0 +2,327 +74% $0.000000 5,480 14 Feb 2022 Direct F1, F2
transaction MCD Common Stock Exercise of in-the-money or at-the-money derivative security $0 +174 +3.2% $0.000000 5,654 14 Feb 2022 Direct F3
transaction MCD Common Stock Tax liability $156,848 -619 -11% $253.39 5,035 14 Feb 2022 Direct
holding MCD Common Stock 125 14 Feb 2022 Profit Sharing Plan F4

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 -2,327 -100% $0.000000* 0 14 Feb 2022 Common Stock 2,327 Direct F1, F2
transaction MCD Dividend Equivalent Rights Exercise of in-the-money or at-the-money derivative security $0 -174 -100% $0.000000* 0 14 Feb 2022 Common Stock 174 Direct F3
transaction MCD Options (Right to Buy) Award $0 +16,026 $0.000000 16,026 14 Feb 2022 Common Stock 16,026 $253.39 Direct F5
holding MCD Phantom Stock 617 14 Feb 2022 Common Stock 617 Non-Qualified Benefit Plan F4, F6, F7
* 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 3,488 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 Includes shares acquired through dividend reinvestment.
F5 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F6 Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.
F7 Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation.