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: 2023-02-18

Reporting Person: Erlinger Joseph M. (President, McDonald's USA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-18	Common Stock	M	7487	—	Acquired	15674	Direct
2023-02-18	Common Stock	M	552	—	Acquired	16226	Direct
2023-02-18	Common Stock	F	3562	$269.99	Disposed	12664	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-18	Restricted Stock Units	$	M	7487	Disposed	2023-02-18	Common Stock (7487)	Direct
2023-02-18	Dividend Equivalent Rights	$	M	552	Disposed	2023-02-18	Common Stock (552)	Direct

Footnotes

F1: As a result of McDonald's Corporation's (the "Company") performance against the pre-approved financial targets, the reporting person vested in 153.7% of the original grant of 4,871 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.