Christopher Kempczinski - Feb 13, 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

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, 04:43 PM
Previous filing
Dec 14, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCD Common Stock 19K Feb 13, 2023 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 Options (Right to Buy) Award $0 +120K $0.00 120K Feb 13, 2023 Common Stock 120K $266.20 Direct F1
transaction MCD Restricted Stock Units Award $0 +13.4K +65.03% $0.00 33.9K Feb 13, 2023 Common Stock 13.4K Direct F2, F3
holding MCD Phantom Stock 4.53K Feb 13, 2023 Common Stock 4.53K Non-Qualified Benefit Plan F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F2 Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
F3 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 153.7% of the original target amount of 20,566 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 13,374 RSUs earned above the target grant.
F4 Each share of phantom stock represents a right to receive the cash value of one share of the Company common stock.
F5 Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.
F6 Includes shares acquired through dividend reinvestment.