Borden Ian Frederick bought MCD
February 12, 2024 · Form 4 insider transaction
Borden Ian Frederick bought 9,833 shares of McDonald's Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Each performance-based RSU represents a right to acquire one share of McDonald's Corporation (the "Company") common stock.; As a result of the Company's performance against the pre-approved financial targets as certified on February 12, 2024 for the period of January 1, 2021 through December 31, 2023, the reporting person will vest in 187.5% of the original target amount of 9,790 performance-based RSUs, plus shares acquired through dividend reinvestment, subject to completion of the service period on February 16, 2024. Accordingly, the reported transaction reflects the acquisition of an additional 9,833 RSUs earned above the target grant.