4//SEC Filing
Krulewitch Jerome N 4
Accession 0001567619-20-004413
CIK 0000063908other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 2:31 PM ET
Size
13.5 KB
Accession
0001567619-20-004413
Insider Transaction Report
Form 4
Krulewitch Jerome N
EVP, Gen Counsel and Secretary
Transactions
- Award
Restricted Stock Units
2020-02-18+4,330→ 4,330 totalFrom: 2023-02-18Exp: 2023-02-18→ Common Stock (4,330 underlying) - Award
Options (Right to Buy)
2020-02-18+34,014→ 34,014 totalExercise: $216.15Exp: 2030-02-18→ Common Stock (34,014 underlying) - Award
Restricted Stock Units
2020-02-18+2,172→ 5,686 totalFrom: 2020-03-08Exp: 2020-03-08→ Common Stock (2,172 underlying)
Holdings
- 8,404.18(indirect: Non-Qualified Benefit Plan)
Phantom Stock
→ Common Stock (8,404.18 underlying) - 2,840.6(indirect: Profit Sharing Plan)
Common Stock
Footnotes (7)
- [F1]Includes shares acquired through dividend reinvestment.
- [F2]Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
- [F3]Each performance-based restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock.
- [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, 2020 through December 31, 2022 (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.
- [F5]As a result of McDonald's Corporation's performance against the pre-approved financial targets as certified on February 18, 2020 for the period of January 1, 2017 through December 31, 2019, the reporting person will vest in 161.8% of the original target amount of 3,514 performance-based RSUs, subject to completion of the service period through March 8, 2020. Accordingly, the reported transaction reflects the acquisition of an additional 2,172 RSUs earned above the target grant.
- [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 Corporation.
Documents
Issuer
MCDONALDS CORP
CIK 0000063908
Entity typeother
Related Parties
1- filerCIK 0001698387
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 2:31 PM ET
- Size
- 13.5 KB