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

Reporting relationship: SEVP - Strategic Initiatives
Issuer ticker: MCD
Reported as of: 18 Feb 2023
Net transaction value: -$1,388,559
SEC form: 4
Accepted by SEC: 22 Feb 2023, 15:04:14 UTC
Prior SEC filing: 15 Feb 2023
Next SEC filing: 12 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Christopher Weber, Attorney-in-fact

Key filing fact

Kevin M. Ozan filed Form 4 for MCDONALDS CORP (MCD) on 22 Feb 2023.

Key facts

This page summarizes Kevin M. Ozan's Form 4 filing for MCDONALDS CORP (MCD).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 22 Feb 2023, 15:04.

Change

Previous filing in this sequence was filed on 15 Feb 2023.
Current net transaction value: -$1,388,559.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MCD transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +11,980
Change %: +55%
Price: $0.000000
Shares after: 33,948
Date: 18 Feb 2023
Ownership: Direct
Footnotes: F1, F2

MCD transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +883
Change %: +2.6%
Price: $0.000000
Shares after: 34,831
Date: 18 Feb 2023
Ownership: Direct
Footnotes: F3

MCD transaction

Common Stock

Tax liability

Transaction value: $1,388,559
Shares: -5,143
Change %: -15%
Price: $269.99
Shares after: 29,688
Date: 18 Feb 2023
Ownership: Direct

MCD holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,948
Date: 18 Feb 2023
Ownership: Profit Sharing Plan
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MCD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -11,980
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,980
Exercise price
Footnotes: F1, F2

MCD transaction Derivative

Dividend Equivalent Rights

Options Exercise

Transaction value: $0
Shares: -883
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 883
Exercise price
Footnotes: F3

MCD holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,483
Date: 18 Feb 2023
Ownership: Non-Qualified Benefit Plan
Underlying class: Common Stock
Underlying amount: 2,483
Exercise price
Footnotes: F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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 7,794 performance based restricted stock units ("RSUs").

Footnote F2

Each RSU represents a right to acquire one share of the Company's common stock.

Footnote 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.

Footnote F4

Includes shares acquired through dividend reinvestment.

Footnote F5

Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock.

Footnote F6

Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.