4//SEC Filing
MCDONALDS CORP 4
Accession 0001140361-16-053119
$MCDCIK 0000063908operating
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 3:25 PM ET
Size
18.5 KB
Accession
0001140361-16-053119
Insider Transaction Report
Form 4
GOARE DOUGLAS M
Corp Exec VP, Supply Chain
Transactions
- Tax Payment
Common Stock
2016-02-13$117.93/sh−519$61,206→ 3,861 total - Exercise/Conversion
Common Stock
2016-02-13+1,135→ 4,380 total - Award
Options (Right to Buy)
2016-02-11+57,111→ 57,111 totalExercise: $116.73Exp: 2026-02-11→ Common Stock (57,111 underlying) - Award
Restricted Stock Units
2016-02-11+8,567→ 8,567 totalFrom: 2019-02-11Exp: 2019-02-11→ Common Stock (8,567 underlying) - Exercise/Conversion
Restricted Stock Units
2016-02-13−6,915→ 0 totalFrom: 2016-02-13Exp: 2016-02-13→ Common Stock (6,915 underlying) - Exercise/Conversion
Restricted Stock Units
2016-02-13−4,681→ 0 totalFrom: 2016-02-13Exp: 2016-02-13→ Common Stock (4,681 underlying)
Holdings
- 19,396.87(indirect: Profit Sharing Plan)
Common Stock
- 5,690.72(indirect: Non-Qualified Benefit Plan)
Phantom Stock
→ Common Stock (5,690.72 underlying)
Footnotes (7)
- [F1]Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
- [F2]Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation 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.
- [F3]Subject to performance-based vesting conditions linked to net income growth and return on incremental invested capital ("ROIIC") for the period of January 1, 2016 through December 31, 2018 (the "Performance Period"). If McDonald's Corporation satisfies both the net income and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted.
- [F4]Each RSU represents a right to acquire one share of McDonald's Corporation common stock. As a result of the Company's performance against the performance-based vesting condition, the reporting person vested in 16.41% of the original grant of 6,915 RSUs, and the remaining 5,780 RSUs were forfeited.
- [F5]Each RSU represents a right to acquire one share of McDonald's Corporation common stock. As a result of the Company's performance against the performance-based vesting condition, the reporting person vested in 0.00% of the original grant of 4,681 RSUs; therefore, all 4,681 RSUs were forfeited.
- [F6]Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.
- [F7]Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's.
Documents
Issuer
MCDONALDS CORP
CIK 0000063908
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000063908
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 3:25 PM ET
- Size
- 18.5 KB