SEC Form 4 · accession 0001140361-16-075209
MCDONALDS CORP · MCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J McKenna
Other
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 4:36 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 StockF1 | Aug 4, 2016 | S | 70,000 | $118.28 | D | 108,841 | D | |
| Common Stock | Aug 5, 2016 | G | 14,920 | $0.00 | D | 93,921 | D | |
| Common StockF2 | Aug 7, 2016 | M | 8,593 | $0.00 | A | 102,514 | D | |
| Common StockF3 | holding | — | — | — | 640 | I | By wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F4 | — | Aug 7, 2016 | M | 8,593 | D | — | — | Common Stock | 8,593 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $118.14 to $118.39 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.
- F2Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock.
- F3Beneficial ownership disclaimed.
- F4The RSUs were scheduled to vest in full on the date that is (i) one year from the grant date, or (ii) Mr. McKenna's retirement date, whichever occurred later. The original grant was made on August 7, 2015. Mr. McKenna retired as the Non-Executive Chairman of the Board and a Director, effective May 26, 2016, and the Board of Directors elected him Chairman Emeritus, effective the same date.