Fairhurst David Ogden 4
4 · MCDONALDS CORP · Filed Feb 15, 2019
Insider Transaction Report
Form 4
Fairhurst David Ogden
EVP & Chief People Officer
Transactions
- Tax Payment
Common Stock
2019-02-13$174.15/sh−3,536$615,794→ 7,593 total - Award
Options (Right to Buy)
2019-02-13+33,204→ 33,204 totalExercise: $174.15Exp: 2029-02-13→ Common Stock (33,204 underlying) - Exercise/Conversion
Common Stock
2019-02-13+7,981→ 11,129 total - Exercise/Conversion
Restricted Stock Units
2019-02-13−7,981→ 0 totalFrom: 2019-02-13Exp: 2019-02-13→ Common Stock (7,981 underlying) - Award
Restricted Stock Units
2019-02-13+4,743→ 4,743 totalFrom: 2022-02-13Exp: 2022-02-13→ Common Stock (4,743 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 4,605 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.