Easterbrook Stephen 4

4 · MCDONALDS CORP · Filed Feb 15, 2019

Form 4

Period: 2019-02-13

Corp Exec VP, Brand Officer

Transactions

Award
Options (Right to Buy)
2019-02-13+239,258→ 239,258 total
Exercise: $174.15Exp: 2029-02-13→ Common Stock (239,258 underlying)
Tax Payment
Common Stock
2019-02-13$174.15/sh−32,023$5,576,805→ 83,231 total
Exercise/Conversion
Common Stock
2019-02-13+74,232→ 115,254 total
Exercise/Conversion
Restricted Stock Units
2019-02-13−74,232→ 0 total
From: 2019-02-13Exp: 2019-02-13→ Common Stock (74,232 underlying)
Award
Restricted Stock Units
2019-02-13+34,174→ 34,174 total
From: 2022-02-13Exp: 2022-02-13→ Common Stock (34,174 underlying)

Footnotes (4)

[F1]As a result of the Company's performance against the pre-approved financial targets, the reporting person vested in 173.3% of the original grant of 42,834 performance-based restricted stock units ("RSUs").
[F2]Each RSU represents a right to acquire one share of McDonald's Corporation common stock.
[F3]Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
[F4]Represents the target number of RSUs granted, subject to performance-based vesting conditions linked to diluted earnings per share ("EPS") growth and return on incremental invested capital ("ROIIC") for the period of January 1, 2019 through December 31, 2021 (the "Performance Period"). If McDonald's Corporation satisfies both the EPS 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.

Documents

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