Joseph M. Erlinger - 18 Feb 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
President, McDonald's USA
Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
18 Feb 2023
Net transactions value
-$961,704
Form type
4
Filing time
22 Feb 2023, 14:57:12 UTC
Previous filing
15 Feb 2023
Next filing
23 Jun 2023
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 +7,487 +91% $0.000000 15,674 18 Feb 2023 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +552 +3.5% $0.000000 16,226 18 Feb 2023 Direct F3
transaction MCD Common Stock Tax liability $961,704 -3,562 -22% $269.99 12,664 18 Feb 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 Restricted Stock Units Options Exercise $0 -7,487 -100% $0.000000* 0 18 Feb 2023 Common Stock 7,487 Direct F1, F2
transaction MCD Dividend Equivalent Rights Options Exercise $0 -552 -100% $0.000000* 0 18 Feb 2023 Common Stock 552 Direct F3
* 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 (the "Company") performance against the pre-approved financial targets, the reporting person vested in 153.7% of the original grant of 4,871 performance based restricted stock units ("RSUs").
F2 Each RSU represents a right to acquire one share of the Company's 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 the Company's common stock.