SEC Form 4 · accession 0001140361-17-039641
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
Oct 25, 2017
Accepted (ET)
Oct 26, 2017 · 11:58 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 | Oct 25, 2017 | M | 8,046 | $100.05 | A | 15,739 | D | |
| Common Stock | Oct 25, 2017 | S | 8,046 | $165.00 | 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)F1 | $100.05 | Oct 25, 2017 | M | 8,046 | D | — | Feb 8, 2022 | Common Stock | 8,046 | 0 | D |
| Phantom StockF2,F3 | — | holding | — | — | — | — | — | Common Stock | 3,355 | 3,355 | I |
Explanation of responses
- F1Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
- F2Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock.
- F3Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation.