Christopher J. Kempczinski - 14 Feb 2022 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
President and CEO, Director
Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
14 Feb 2022
Net transactions value
-$411,505
Form type
4
Filing time
16 Feb 2022, 16:28:46 UTC
Previous filing
12 Oct 2021
Next filing
09 Mar 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 +4,652 +30% $0.000000 20,303 14 Feb 2022 Direct F1, F2
transaction MCD Common Stock Exercise of in-the-money or at-the-money derivative security $0 +348 +1.7% $0.000000 20,651 14 Feb 2022 Direct F3
transaction MCD Common Stock Tax liability $411,505 -1,624 -7.9% $253.39 19,027 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 -4,652 -100% $0.000000* 0 14 Feb 2022 Common Stock 4,652 Direct F1, F2
transaction MCD Dividend Equivalent Rights Exercise of in-the-money or at-the-money derivative security $0 -348 -100% $0.000000* 0 14 Feb 2022 Common Stock 348 Direct F3
transaction MCD Options (Right to Buy) Award $0 +136,515 $0.000000 136,515 14 Feb 2022 Common Stock 136,515 $253.39 Direct F4
holding MCD Phantom Stock 4,568 14 Feb 2022 Common Stock 4,568 Non-Qualified Benefit Plan F5, 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 6,975 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.
F5 Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.
F6 Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation.
F7 Includes shares acquired through dividend reinvestment.