MCDONALDS CORP — Director's Dealing 2022

Feb 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2022-02-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-14	Common Stock	M	4652	—	Acquired	20303	Direct
2022-02-14	Common Stock	X	348	—	Acquired	20651	Direct
2022-02-14	Common Stock	F	1624	$253.39	Disposed	19027	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-14	Restricted Stock Units	$	M	4652	Disposed	2022-02-14	Common Stock (4652)	Direct
2022-02-14	Dividend Equivalent Rights	$	X	348	Disposed	2022-02-14	Common Stock (348)	Direct
2022-02-14	Options (Right to Buy)	$253.39	A	136515	Acquired	2032-02-14	Common Stock (136515)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (4568.5)	4568.5	Indirect

Footnotes

F1: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 66.7% of the original grant of 6,975 performance-based restricted stock units ("RSUs").

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

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.

F7: Includes shares acquired through dividend reinvestment.