SEC Form 4 · accession 0001140361-18-014242
MCDONALDS CORP · MCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Sappington
Officer — EVP - Ops & Tech Sys
Period of report
Mar 16, 2018
Accepted (ET)
Mar 20, 2018 · 12:40 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,F2 | Mar 16, 2018 | M | 6,692 | $0.00 | A | 14,385 | D | |
| Common Stock | Mar 16, 2018 | F | 2,965 | $162.36 | D | 11,420 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 16, 2018 | M | 3,346 | D | Mar 16, 2018 | Mar 16, 2018 | Common Stock | 3,346 | 0 | D |
| Phantom StockF5,F3,F4 | — | holding | — | — | — | — | — | Common Stock | 3,415 | 3,415 | I |
Explanation of responses
- F1As a result of the Company's performance against the pre-approved financial targets, the reporting person vested in 200% of the original grant of 3,346 performance-based restricted stock units ("RSUs").
- F2Each RSU represents a right to acquire one share of McDonald's Corporation common stock.
- 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.
- F5Includes shares acquired through dividend reinvestment.