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: Henry Daniel (EVP - Chief Info. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-19	Common Stock	M	631.5	—	Acquired	3284.5	Direct
2021-02-19	Common Stock	X	49.5	—	Acquired	3334	Direct
2021-02-19	Common Stock	F	181	$212.24	Disposed	3153	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Restricted Stock Units	$	M	631.5	Disposed	2021-02-19	Common Stock (631.5)	Direct
2021-02-19	Dividend Equivalent Rights	$	X	49.5	Disposed		Common Stock (49.5)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	122.57	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (546.71)	546.71	Indirect

Footnotes

F1: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 50% of the original grant of 1,263 performance-based restricted stock units ("RSUs") .

F2: Each RSU represents a right to acquire one share of McDonald's Corporation common stock.

F3: 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.

F4: Includes shares acquired through dividend reinvestment.

F5: Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.

F6: Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation.