Christopher J. Kempczinski - 18 Feb 2023 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
18 Feb 2023
Net transactions value
-$3,909,455
Form type
4
Filing time
22 Feb 2023, 15:03:04 UTC
Previous filing
15 Feb 2023
Next filing
24 Feb 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 +31,610 +166% $0.000000 50,637 18 Feb 2023 Direct F1, F2
transaction MCD Common Stock Options Exercise $0 +2,330 +4.6% $0.000000 52,967 18 Feb 2023 Direct F3
transaction MCD Common Stock Tax liability $3,909,455 -14,480 -27% $269.99 38,487 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 -31,610 -100% $0.000000* 0 18 Feb 2023 Common Stock 31,610 Direct F1, F2
transaction MCD Dividend Equivalent Rights Options Exercise $0 -2,330 -100% $0.000000* 0 18 Feb 2023 Common Stock 2,330 Direct F3
holding MCD Phantom Stock 4,527 18 Feb 2023 Common Stock 4,527 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 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 20,566 performance-based restricted stock units ("RSUs").
F2 Each performance-based 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 Each share of phantom stock represents a right to receive the cash value of one share of the Company's 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.