X0206 3 2018-04-01 0 0000063908 MCDONALDS CORP MCD 0001735929 DeBiase Francesca A. MCDONALD'S CORPORATION 2915 JORIE BLVD. OAK BROOK IL 60523 0 1 0 0 EVP-Worldwide Supp Chain & Sus Common Stock 10391 D Options (Right to Buy) 75.93 2021-02-09 Common Stock 6915 D Options (Right to Buy) 100.05 2022-02-08 Common Stock 8221 D Options (Right to Buy) 94.00 2023-02-13 Common Stock 6649 D Options (Right to Buy) 94.89 2024-02-12 Common Stock 791 D Options (Right to Buy) 94.89 2024-02-12 Common Stock 6586 D Options (Right to Buy) 97.15 2025-03-16 Common Stock 9080 D Options (Right to Buy) 116.73 2026-02-11 Common Stock 12850 D Options (Right to Buy) 128.09 2027-03-08 Common Stock 14265 D Options (Right to Buy) 157.79 2028-02-19 Common Stock 11555 D Restricted Stock Units 2021-02-19 2021-02-19 Common Stock 6338 D Restricted Stock Units 2019-02-11 2019-02-11 Common Stock 1928 D Restricted Stock Units 2020-03-08 2020-03-08 Common Stock 1855 D Restricted Stock Units 2021-02-19 2021-02-19 Common Stock 1736 D 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 common stock. Upon vesting, payout of the RSUs will be in the form of shares or, at the discretion of the Compensation Committee of the Board of Directors (the "Committee"), the cash value thereof. No dividend, voting or other shareholder rights attach to the RSUs until they vest and only if the payout upon vesting is in shares of common stock. Subject to performance-based vesting conditions linked to net income growth and return on incremental invested capital ("ROIIC") for the period of January 1, 2016 through December 31, 2018. If McDonald's Corporation satisfies both the net income and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the period of 2016 through 2018. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted. Subject to performance-based vesting conditions linked to net income growth and ROIIC for the period of January 1, 2017 through December 31, 2019. If McDonald's Corporation satisfies both the net income and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the period of 2017 through 2019. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted. Subject to performance-based vesting conditions linked to diluted earnings per share ("EPS") growth and ROIIC for the period of January 1, 2018 through December 31, 2020. If McDonald's Corporation satisfies both the EPS and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the period of 2018 through 2020. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted. Each restricted stock unit represents a right to acquire one share of McDonald's Corporation common stock. Upon vesting, payout of the RSUs will be in the form of shares or, at the discretion of the Committee, the cash value thereof. /s/ Christopher Weber, Attorney-in-fact 2018-04-10