MCDONALDS CORP — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2021-02-19

Reporting Person: Kempczinski Christopher J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-19	Common Stock	M	9507	—	Acquired	18741	Direct
2021-02-19	Common Stock	X	743	—	Acquired	19484	Direct
2021-02-19	Common Stock	F	3833	$212.24	Disposed	15651	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Restricted Stock Units	$	M	9507	Disposed		Common Stock (9507)	Direct
2021-02-19	Dividend Equivalent Rights	$	X	743	Disposed		Common Stock (743)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (29.91)	29.91	Indirect

Footnotes

F1: Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock.

F2: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3: On February 19, 2018, Mr. Kempczinski was granted 9,507 RSUs, vesting on the third anniversary of the grant date.

F4: Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.

F5: Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation.

F6: Includes shares acquired through dividend reinvestment.