Marion K. Gross - Feb 13, 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
EVP-Chief Supply Chain Officer
Signature
/s/ Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Feb 13, 2023
Transactions value $
$0
Form type
4
Date filed
2/15/2023, 04:37 PM
Previous filing
Feb 3, 2023
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCD Common Stock 218 Feb 13, 2023 Direct F1
holding MCD Common Stock 2.21K Feb 13, 2023 By Spouse
holding MCD Common Stock 11.4K Feb 13, 2023 By Trust

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 Options (Right to Buy) Award $0 +9.2K $0.00 9.2K Feb 13, 2023 Common Stock 9.2K $266.20 Direct F2
transaction MCD Restricted Stock Units Award $0 +744 +61.08% $0.00 1.96K Feb 13, 2023 Common Stock 744 Direct F3, F4
holding MCD Phantom Stock 8.72K Feb 13, 2023 Common Stock 8.72K Non-Qualified Benefit Plan F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired through dividend reinvestment.
F2 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F3 Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
F4 As a result of the Company's performance against the pre-approved financial targets as certified on February 13, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person will vest in 150% of the original target amount of 1,218 performance-based RSUs, plus shares acquired through dividend reinvestment, subject to completion of the service period on February 18, 2023. Accordingly, the reported transaction reflects the acquisition of an additional 744 RSUs earned above the target grant.
F5 Each share of phantom stock represents a right to receive the cash value of one share of the Company common stock.
F6 Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.