MCDONALDS CORP — Director's Dealing 2023

Feb 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2023-02-17

Reporting Person: Hoovel Catherine A. (SVP - Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-17	Common Stock	M	2876	$97.15	Acquired	4060	Direct
2023-02-17	Common Stock	S	2876	$270.00	Disposed	1184	Direct
2023-02-18	Common Stock	M	716	—	Acquired	1900	Direct
2023-02-18	Common Stock	M	53	—	Acquired	1953	Direct
2023-02-18	Common Stock	F	222	$269.99	Disposed	1731	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-17	Options (Right to Buy)	$97.15	M	2876	Disposed	2025-03-16	Common Stock (2876)	Direct
2023-02-18	Restricted Stock Units	$	M	716	Disposed	2023-02-18	Common Stock (716)	Direct
2023-02-18	Dividend Equivalent Rights	$	M	53	Disposed	2023-02-18	Common Stock (53)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	593.3	Indirect

Footnotes

F1: As a result of McDonald's Corporation's (the "Company") performance against the pre-approved financial targets, the reporting person vested in 150% of the original grant of 477 performance-based restricted stock units ("RSUs").

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

F4: Includes shares acquired through dividend reinvestment.

F5: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.