Desiree Ralls-Morrison - Feb 13, 2023 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role: EVP, Chief Legal Off. and Sec.
Signature: /s/ Christopher Weber, Attorney-in-fact
Stock symbol: MCD
Transactions as of: Feb 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/15/2023, 04:46 PM
Previous filing: Jun 17, 2022
Next filing: May 19, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MCD	Common Stock						3.13K	Feb 13, 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	Options (Right to Buy)	Award	$0	+23.9K		$0.00	23.9K	Feb 13, 2023	Common Stock	23.9K	$266.20	Direct	F1
holding	MCD	Phantom Stock						81.4	Feb 13, 2023	Common Stock	81.4		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	Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F2	Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation (the "Company") 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.