MCDONALDS CORP — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2021-02-16

Reporting Person: Henry Daniel (EVP - Chief Info. Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-16	Options (Right to Buy)	$215.03	A	21838	Acquired	2031-02-16	Common Stock (21838)	Direct
2021-02-16	Restricted Stock Units	$	D	631.5	Disposed	2021-02-19	Common Stock (631.5)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2653	Direct
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: Includes shares acquired through dividend reinvestment.

F2: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

F3: Each performance-based restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock.

F4: As a result of McDonald's Corporation's performance against the pre-approved financial targets as certified on February 16, 2021 for the period of January 1, 2018 through December 31, 2020, the reporting person will vest in 50% of the original target amount of 1,263 performance-based RSUs, subject to completion of the service period through February 19, 2021. The transaction reported reflects the forfeiture of 50% of the target amount.

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.