Catherine A. Hoovel - Feb 14, 2022 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
SVP - Corporate Controller
Signature
/s/ Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Feb 14, 2022
Transactions value $
-$37,502
Form type
4
Date filed
2/16/2022, 04:25 PM
Previous filing
Jul 30, 2021
Next filing
Jul 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCD Common Stock Options Exercise $0 +410 +46.02% $0.00 1.3K Feb 14, 2022 Direct F1, F2
transaction MCD Common Stock Exercise of in-the-money or at-the-money derivative security $0 +31 +2.38% $0.00 1.33K Feb 14, 2022 Direct F3
transaction MCD Common Stock Tax liability -$37.5K -148 -11.11% $253.39 1.18K Feb 14, 2022 Direct
holding MCD Common Stock 580 Feb 14, 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 -410 -100% $0.00* 0 Feb 14, 2022 Common Stock 410 Direct F1, F2
transaction MCD Dividend Equivalent Rights Exercise of in-the-money or at-the-money derivative security $0 -31 -100% $0.00* 0 Feb 14, 2022 Common Stock 31 Direct F3
transaction MCD Restricted Stock Units Award $0 +829 $0.00 829 Feb 14, 2022 Common Stock 829 Direct F2, F5
transaction MCD Options (Right to Buy) Award $0 +5.34K $0.00 5.34K Feb 14, 2022 Common Stock 5.34K $253.39 Direct F6
* 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 614 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 Represents the target number of RSUs granted, 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 "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 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted.
F6 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.