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MCDONALDS CORP — Director's Dealing 2017
Mar 7, 2017
29783_dirs_2017-03-07_5cc6f30b-9356-47ce-bd3e-b22ddfeff3e7.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2017-03-04
Reporting Person: Krulewitch Jerome N (EVP, Gen Counsel and Secretary)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2682.43 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options (Right to Buy) | $75.93 | 2021-02-09 | Common Stock (11755) | Direct | |
| Options (Right to Buy) | $100.05 | 2022-02-08 | Common Stock (18384) | Direct | |
| Options (Right to Buy) | $94.00 | 2023-02-13 | Common Stock (9309) | Direct | |
| Options (Right to Buy) | $94.89 | 2024-02-12 | Common Stock (10012) | Direct | |
| Options (Right to Buy) | $97.15 | 2025-03-16 | Common Stock (10594) | Direct | |
| Options (Right to Buy) | $116.73 | 2026-02-11 | Common Stock (14278) | Direct | |
| Restricted Stock Units | $ | 2018-03-16 | Common Stock (3347) | Direct | |
| Restricted Stock Units | $ | 2019-02-11 | Common Stock (2142) | Direct | |
| Phantom Stock | $ | Common Stock (8069.97) | Indirect |
Footnotes
F1: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
F2: Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock. Upon vesting, payout under the RSUs will be in the form of shares or, at the discretion of the Compensation Committee of the Board of Directors, the cash value thereof. No dividend, voting or other shareholder rights attach to the RSUs until they vest and only if the payout upon vesting is in shares of common stock.
F3: Subject to performance-based vesting conditions linked to net income growth and return on incremental invested capital ("ROIIC") for the period of January 1, 2016 through December 31, 2018 (the "Performance Period"). If McDonald's Corporation satisfies both the net income and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted.
F4: Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation.
F5: Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.