Ownership Submission
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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OMB APPROVAL
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OMB Number:3235-0104Expires:January 31, 2005Estimated average burden hours per response...0.5
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1. Name and Address of Reporting Person *
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Boyd Tiffanie L.
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2. Date of Event Requiring Statement (Month/Day/Year)
2024-08-19
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3. Issuer Name and Ticker or Trading Symbol
MCDONALDS CORP [MCD]
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(Last)
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(First)
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(Middle)
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MCDONALD'S CORPORATION , 110 NORTH CARPENTER STREET
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
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_____ 10% Owner
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_____ Officer (give title below)
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_____ Other (specify below)
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EVP - Chief People Officer /
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5. If Amendment, Date Original Filed(Month/Day/Year)
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(Street)
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CHICAGO
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IL
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60607
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6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
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2. Amount of Securities Beneficially Owned
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3. Ownership Form: Direct (D) or Indirect (I)
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4. Nature of Indirect Beneficial Ownership
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
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2. Date Exercisable and Expiration Date
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3. Title and Amount of Securities Underlying Derivative Security
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
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6. Nature of Indirect Beneficial Ownership
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Date Exercisable
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Expriation Date
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Title
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Amount or Number of Shares
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Reporting Owners
Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Boyd Tiffanie L.
MCDONALD'S CORPORATION
110 NORTH CARPENTER STREET
CHICAGO, IL60607
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EVP - Chief People Officer
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Signatures
Christopher Weber, Attorney-in-fact
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2024-08-29
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**Signature of Reporting Person
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Date
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Explanation of Responses:
(*)
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If the form is filed by more than one reporting person, see Instruction 5(b)(v).
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(**)
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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(1)
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Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.
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(2)
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Each restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.
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(3)
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Represents the target number of RSUs granted plus dividend equivalents already accrued, 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, 2022 through December 31, 2024 (the "2022-2024 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 the Company's total shareholder return relative to the S&P 500 Index over the 2022-2024 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.
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(4)
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Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted EPS growth and ROIC for the period of January 1, 2023 through December 31, 2025 (the "2023-2025 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's total shareholder return relative to the S&P 500 Index over the 2023-2025 Performance Period. The number of RSUs earned will range from 50% to 150% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.
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(5)
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Represents the target number of RSUs granted plus dividend equivalents already accrued, subject to performance-based vesting conditions linked to diluted EPS growth and ROIC for the period of January 1, 2024 through December 31, 2026 (the "2024-2026 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's total shareholder return relative to the S&P 500 Index over the 2024-2026 Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted (plus dividend equivalents accrued) based upon the performance results.
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