Catherine A. Hoovel - 17 Feb 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
SVP - Corporate Controller
Signature
/s/ Christopher Weber, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
17 Feb 2023
Net transactions value
-$557,054
Form type
4
Filing time
22 Feb 2023, 15:00:35 UTC
Previous filing
15 Feb 2023
Next filing
02 May 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 $279,403 +2,876 +243% $97.15 4,060 17 Feb 2023 Direct
transaction MCD Common Stock Sale $776,520 -2,876 -71% $270.00 1,184 17 Feb 2023 Direct
transaction MCD Common Stock Options Exercise $0 +716 +60% $0.000000 1,900 18 Feb 2023 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +53 +2.8% $0.000000 1,953 18 Feb 2023 Direct F3
transaction MCD Common Stock Tax liability $59,938 -222 -11% $269.99 1,731 18 Feb 2023 Direct
holding MCD Common Stock 593 17 Feb 2023 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 Options (Right to Buy) Options Exercise $0 -2,876 -100% $0.000000* 0 17 Feb 2023 Common Stock 2,876 $97.15 Direct F5
transaction MCD Restricted Stock Units Options Exercise $0 -716 -100% $0.000000* 0 18 Feb 2023 Common Stock 716 Direct F1, F2
transaction MCD Dividend Equivalent Rights Options Exercise $0 -53 -100% $0.000000* 0 18 Feb 2023 Common Stock 53 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 150% of the original grant of 477 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.
F4 Includes shares acquired through dividend reinvestment.
F5 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.