Christopher J. Kempczinski - 23 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: 23 Feb 2023
Net transactions value: -$1,030,606
Form type: 4
Filing time: 24 Feb 2023, 14:32:46 UTC
Previous filing: 22 Feb 2023
Next filing: 15 Mar 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	Sale	$1,030,606	-3,850	-10%	$267.69	34,637	23 Feb 2023	Direct	F1

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
holding	MCD	Phantom Stock						4,527	23 Feb 2023	Common Stock	4,527		Non-Qualified Benefit Plan	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2	Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock.
F3	Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.
F4	Includes shares acquired through dividend reinvestment.