0001567619-23-003079.txt : 20230215
0001567619-23-003079.hdr.sgml : 20230215
20230215174057
ACCESSION NUMBER: 0001567619-23-003079
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230213
FILED AS OF DATE: 20230215
DATE AS OF CHANGE: 20230215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hoovel Catherine A.
CENTRAL INDEX KEY: 0001686304
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05231
FILM NUMBER: 23636537
MAIL ADDRESS:
STREET 1: MCDONALD'S CORPORATION
STREET 2: 110 NORTH CARPENTER STREET
CITY: CHICAGO
STATE: IL
ZIP: 60607
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MCDONALDS CORP
CENTRAL INDEX KEY: 0000063908
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812]
IRS NUMBER: 362361282
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 110 NORTH CARPENTER STREET
CITY: CHICAGO
STATE: IL
ZIP: 60607
BUSINESS PHONE: 630 623 3000
MAIL ADDRESS:
STREET 1: 110 NORTH CARPENTER STREET
CITY: CHICAGO
STATE: IL
ZIP: 60607
4
1
doc1.xml
FORM 4
X0306
4
2023-02-13
0
0000063908
MCDONALDS CORP
MCD
0001686304
Hoovel Catherine A.
MCDONALD'S CORPORATION
110 NORTH CARPENTER STREET
CHICAGO
IL
60607
0
1
0
0
SVP - Corporate Controller
Common Stock
1184
D
Common Stock
593.3
I
Profit Sharing Plan
Options (Right to Buy)
266.2
2023-02-13
4
A
0
4508
0
A
2033-02-13
Common Stock
4508
4508
D
Restricted Stock Units
2023-02-13
4
A
0
3757
0
A
2026-02-13
2026-02-13
Common Stock
3757
3757
D
Restricted Stock Units
2023-02-13
4
A
0
887
0
A
2026-02-13
2026-02-13
Common Stock
887
887
D
Restricted Stock Units
2023-02-13
4
A
0
292
0
A
2023-02-18
2023-02-18
Common Stock
292
769
D
Includes shares acquired through dividend reinvestment.
Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
RSUs vest in full on the third anniversary of the grant date.
Represents the target number of RSUs granted, subject to performance-based vesting conditions linked to diluted earnings per share ("EPS") growth and return on invested capital ("ROIC") for the period of January 1, 2023 through December 31, 2025 (the "Performance Period"). If the Company satisfies both the EPS and ROIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the Company total shareholder return relative to the S&P 500 Index over the Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted.
As a result of the Company's performance against the pre-approved financial targets as certified on February 13, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person will vest in 150% of the original target amount of 477 performance-based RSUs, plus shares acquired through dividend reinvestment, subject to completion of the service period on February 18, 2023. Accordingly, the reported transaction reflects the acquisition of an additional 292 RSUs earned above the target grant.
/s/ Christopher Weber, Attorney-in-fact
2023-02-15