SEC Form 4 · accession 0001140361-15-041463
MCDONALDS CORP · MCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Christopher J Kempczinski
Officer — EVP-Strategy, Bus Dev & Innov
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 12:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000063908
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $112.11 | Nov 12, 2015 | A | 37,166 | A | — | Nov 12, 2025 | Common Stock | 37,166 | 37,166 | D |
| Restricted Stock UnitsF2,F3 | — | Nov 12, 2015 | A | 5,575 | A | Nov 12, 2018 | Nov 12, 2018 | Common Stock | 5,575 | 5,575 | D |
| Restricted Stock UnitsF2,F4 | — | Nov 12, 2015 | A | 6,690 | A | — | Nov 12, 2017 | Common Stock | 6,690 | 6,690 | D |
Explanation of responses
- F1Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
- F2Each restricted stock unit (RSU) represents a right to acquire one share of McDonald's Corporation common stock. Upon vesting, payout under the RSUs will be in the form of shares or, at the discretion of the Compensation Committee of the Board of Directors, the cash value thereof. No dividend, voting or other shareholder rights attach to the RSUs until they vest and only if the payout upon vesting is in shares of common stock.
- F3Subject to performance vesting condition based on diluted earnings per share growth.
- F450% of the RSUs vest on the first anniversary of the grant date and 50% of the RSUs vest on the second anniversary of the grant date.