Desiree Ralls-Morrison - Feb 12, 2025 Form 4 Insider Report for MCDONALDS CORP (MCD)

Role
EVP, Chief Legal Officer
Signature
/s/ Christopher Weber, Attorney-in-fact
Stock symbol
MCD
Transactions as of
Feb 12, 2025
Transactions value $
$0
Form type
4
Date filed
2/14/2025, 04:31 PM
Previous filing
Dec 31, 2024
Next filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCD Common Stock 6.27K Feb 12, 2025 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 +20.6K $0.00 20.6K Feb 12, 2025 Common Stock 20.6K $307.60 Direct F1
transaction MCD Restricted Stock Units Award $0 +3.64K +82.37% $0.00 8.06K Feb 12, 2025 Common Stock 3.64K Direct F2, F3
holding MCD Phantom Stock 86.8 Feb 12, 2025 Common Stock 86.8 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 Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F2 Each performance-based restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
F3 As a result of the Company's performance against the pre-approved financial targets as certified on February 12, 2025 for the period of January 1, 2022 through December 31, 2024, the reporting person will vest in 170.2% of the original target amount of 4,418 performance-based RSUs, plus shares acquired through dividend reinvestment, subject to completion of the service period on February 14, 2025. Accordingly, the reported transaction reflects the acquisition of an additional 3,639 RSUs earned above the target grant.
F4 Each share of phantom stock represents a right to receive the cash value of one share of the Company 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.