SEC Form 4 · accession 0001140361-17-028996
MCDONALDS CORP · MCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerome N Krulewitch
Officer — EVP, Gen Counsel and Secretary
Period of report
Jul 26, 2017
Accepted (ET)
Jul 28, 2017 · 11:18 am 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 | Jul 26, 2017 | M | 11,755 | $75.93 | A | 11,755 | D | |
| Common StockF1 | Jul 26, 2017 | S | 11,755 | $158.38 | D | 0 | D | |
| Common Stock | holding | — | — | — | 2,690 | 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 | $75.93 | Jul 26, 2017 | M | 11,755 | D | — | Feb 9, 2021 | Common Stock | 11,755 | 0 | D |
| Phantom StockF3,F4 | — | holding | — | — | — | — | — | Common Stock | 8,058 | 8,058 | I |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $158.02 to $158.57 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.
- F2Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
- 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.