MCDONALDS CORP — Director's Dealing 2024

Feb 21, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2024-02-16

Reporting Person: Erlinger Joseph M. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-16	Common Stock	M	19434	—	Acquired	27621	Direct
2024-02-16	Common Stock	M	1341	—	Acquired	28962	Direct
2024-02-16	Common Stock	F	8689.66	$292.02	Disposed	20272.34	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-16	Restricted Stock Units	$	M	19434	Disposed	2024-02-16	Common Stock (19434)	Direct
2024-02-16	Dividend Equivalent Rights	$	M	1341	Disposed	2024-02-16	Common Stock (1341)	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 187.5% of the original grant of 10,365 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.