0001123292-17-000638.txt : 20170310 0001123292-17-000638.hdr.sgml : 20170310 20170310175709 ACCESSION NUMBER: 0001123292-17-000638 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170308 FILED AS OF DATE: 20170310 DATE AS OF CHANGE: 20170310 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: ONE MCDONALD'S PLAZA CITY: OAK BROOK STATE: IL ZIP: 60523 BUSINESS PHONE: 630 623 3000 MAIL ADDRESS: STREET 1: ONE MCDONALD'S PLAZA CITY: OAK BROOK STATE: IL ZIP: 60523 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sappington James R CENTRAL INDEX KEY: 0001635956 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-05231 FILM NUMBER: 17683321 MAIL ADDRESS: STREET 1: MCDONALD'S CORPORATION STREET 2: 2915 JORIE BLVD CITY: OAK BROOK STATE: IL ZIP: 60523 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2017-03-08 0000063908 MCDONALDS CORP MCD 0001635956 Sappington James R C/O MCDONALD'S CORPORATION 2915 JORIE BOULEVARD OAK BROOK IL 60523 0 1 0 0 Corp Exec VP - Ops & Tech Sys Common Stock 7693 D Options (Right to Buy) 128.09 2017-03-08 4 A 0 33034 0 A 2027-03-08 Common Stock 33034 33034 D Restricted Stock Units 2017-03-08 4 A 0 4294 0 A 2020-03-08 2020-03-08 Common Stock 4294 4294 D Phantom Stock Common Stock 3365.44 3365.44 I Non-Qualified Benefit Plan 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 under the RSUs will be in the form of shares or, at the discretion of the Compensation Committee of the Board of Directors, 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, 2017 through December 31, 2019 (the "Performance Period"). 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 Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted. Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation common stock. Shares of phantom stock are payable in cash following the reporting person's separation from service with McDonald's Corporation. /s/ Jeffrey J. Pochowicz, Attorney-in-fact 2017-03-10