Home/Filings/4/0001140361-16-053301
4//SEC Filing

MCDONALDS CORP 4

Accession 0001140361-16-053301

$MCDCIK 0000063908operating

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 4:35 PM ET

Size

16.1 KB

Accession

0001140361-16-053301

Insider Transaction Report

Form 4
Period: 2016-02-11
SANTONA GLORIA
Corp Exec VP, Gen Coun, Secy
Transactions
  • Award

    Options (Right to Buy)

    2016-02-11+37,55037,550 total
    Exercise: $116.73Exp: 2026-02-11Common Stock (37,550 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2016-02-134,5750 total
    From: 2016-02-13Exp: 2016-02-13Common Stock (4,575 underlying)
  • Award

    Restricted Stock Units

    2016-02-11+5,6335,633 total
    From: 2019-02-11Exp: 2019-02-11Common Stock (5,633 underlying)
  • Tax Payment

    Common Stock

    2016-02-13$117.93/sh344$40,56861,824 total
  • Exercise/Conversion

    Restricted Stock Units

    2016-02-133,2980 total
    From: 2016-02-13Exp: 2016-02-13Common Stock (3,298 underlying)
  • Exercise/Conversion

    Common Stock

    2016-02-13+75162,168 total
Footnotes (5)
  • [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 4,575 RSUs, and the remaining 3,824 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 3,298 RSUs; therefore, all 3,298 RSUs were forfeited.

Documents

1 file

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, 4:35 PM ET
Size
16.1 KB