SEC Form 4 · accession 0001123292-17-000876
MCDONALDS CORP · MCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Sappington
Officer — Corp Exec VP - Ops & Tech Sys
Period of report
Apr 26, 2017
Accepted (ET)
Apr 28, 2017 · 3:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000063908
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 26, 2017 | M | 6,915 | $75.93 | A | 14,608 | D | |
| Common StockF1 | Apr 26, 2017 | S | 6,915 | $141.0822 | D | 7,693 | D | |
| Common Stock | Apr 27, 2017 | M | 6,997 | $100.05 | A | 14,690 | D | |
| Common StockF2 | Apr 27, 2017 | S | 6,997 | $141.7001 | D | 7,693 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F3 | $75.93 | Apr 26, 2017 | M | 6,915 | D | — | Feb 9, 2021 | Common Stock | 6,915 | 0 | D |
| Options (Right to Buy)F3 | $100.05 | Apr 27, 2017 | M | 6,997 | D | — | Feb 8, 2022 | Common Stock | 6,997 | 8,046 | D |
| Phantom StockF4,F5 | — | holding | — | — | — | — | — | Common Stock | 3,384 | 3,384 | I |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $141.06 to $141.16 per share. The price reported represents the weighted average sales price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- F2This transaction was executed in multiple trades at prices ranging from $141.70 to $141.71 per share. The price reported represents the weighted average sales price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- F3Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
- F4Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.
- F5Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation.