SEC Form 4 · accession 0001140361-15-040780
MCDONALDS CORP · MCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J Bensen
Officer — Chief Administrative Officer
Period of report
Nov 11, 2015
Accepted (ET)
Nov 12, 2015 · 12:56 pm EST
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 | Nov 11, 2015 | M | 15,870 | $36.37 | A | 30,519 | D | |
| Common StockF1 | Nov 11, 2015 | S | 15,870 | $113.78 | D | 14,649 | D | |
| Common Stock | holding | — | — | — | 274 | I | Profit Sharing Plan |
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)F2 | $36.37 | Nov 11, 2015 | M | 15,870 | D | — | Feb 14, 2016 | Common Stock | 15,870 | 0 | D |
| Phantom StockF3,F4 | — | holding | — | — | — | — | — | Common Stock | 23,078 | 23,078 | I |
Explanation of responses
- F1This transaction was executed in multipes trades at prices ranging from $113.54 to $114.21 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 informatioin regarding the shares sold at each separate price.
- F2Options become exercisable in 25% increments on the first, second, third and fourth anniversary of the grant date.
- F3Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.
- F4Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's.