Dario Baroni - 01 Jun 2025 Form 3 Insider Report for MCDONALDS CORP (MCD)

Role
President, IDL
Signature
/s/ Jackson Cates, Attorney-in-fact
Issuer symbol
MCD
Transactions as of
01 Jun 2025
Net transactions value
$0
Form type
3
Filing time
17 Jul 2025, 09:51:38 UTC
Next filing
17 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Baroni Dario President, IDL MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO /s/ Jackson Cates, Attorney-in-fact 17 Jul 2025 0002076998

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 Options (Right to Buy) 01 Jun 2025 Common Stock 623 $253.39 Direct F1
holding MCD Restricted Stock Units 01 Jun 2025 Common Stock 1,991 Direct F2
holding MCD Restricted Stock Units 01 Jun 2025 Common Stock 548 Direct F2
holding MCD Restricted Stock Units 01 Jun 2025 Common Stock 528 Direct F2, F3
holding MCD Restricted Stock Units 01 Jun 2025 Common Stock 565 Direct F2
holding MCD Restricted Stock Units 01 Jun 2025 Common Stock 536 Direct F2, F4
holding MCD Restricted Stock Units 01 Jun 2025 Common Stock 1,070 Direct F2
holding MCD Restricted Stock Units 01 Jun 2025 Common Stock 979 Direct F2, F5
* 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. 2,493 options were granted on February 14, 2022. 623 options remain unvested and become exercisable on February 14, 2026. All vested options have been exercised.
F2 Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
F3 Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted EPS growth and ROIC for the period of January 1, 2023 through December 31, 2025 (the "2023-2025 Performance Period"). If the Company satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the Company's total shareholder return relative to the S&P 500 Index over the 2023-2025 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.
F4 Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted EPS growth and ROIC for the period of January 1, 2024 through December 31, 2026 (the "2024-2026 Performance Period"). If the Company satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the Company's total shareholder return relative to the S&P 500 Index over the 2024-2026 Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.
F5 Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted EPS growth and ROIC for the period of January 1, 2025 through December 31, 2027 (the "2025-2027 Performance Period"). If the Company satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the Company's total shareholder return relative to the S&P 500 Index over the 2025-2027 Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.