HERNANDEZ ENRIQUE JR 4
4 · MCDONALDS CORP · Filed May 30, 2023
Insider Transaction Report
Form 4
HERNANDEZ ENRIQUE JR
Director
Transactions
- Award
Restricted Stock Units
2023-05-25+876→ 876 total→ Common Stock (876 underlying)
Holdings
- 89,911.23
Phantom Stock
→ Common Stock (89,911.23 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock. Upon vesting, payout under the RSUs will be in the form of shares or, at the discretion of the Compensation Committee of the Board of Directors, the cash value thereof. No dividend, voting or other shareholder rights attach to the RSUs until they vest and only if the payout upon vesting is in shares of common stock.
- [F2]The RSUs will vest in full on the later of one year from the grant date or the Director's retirement date or other termination from the Board.
- [F3]Each share of phantom stock is the economic equivalent of one share of the Company's common stock and shall be settled in cash, pursuant to the Directors' Deferred Compensation Plan.
- [F4]Payment of phantom stock will occur following the Director's retirement date or other termination from the Board.
- [F5]Includes shares acquired through dividend reinvestment.