McDONALDS CORPORATION (NYSE:MCD) Files An 8-K Temporary Suspension of Trading Under Registrant’s Employee Benefit Plans
Item 5.04 Temporary Suspension of Trading Under Registrants
Employee Benefit Plans.
McDonalds 401(k) Plan (the Plan), participants in the Plan will be
unable, for a period of time, to transfer or diversify investments
in their accounts, or obtain a loan, withdrawal or distribution
from the Plan. The temporary blackout period for participants under
the Plan begins at 4:00 p.m. Eastern Time, January 13, 2017, and is
expected to end on January 19, 2017. The blackout period applies to
all Plan assets, including Company shares held by the Plan.
Notice) to its directors and executive officers informing them of
the blackout period and the restrictions on trading in McDonald’s
Corporation common stock that apply to them during the blackout
period, to Section 306(a) of the Sarbanes-Oxley Act of 2002 and
Rule 104 of Regulation BTR under the Securities Exchange Act of
1934. A copy of the Notice is attached as Exhibit 99 to this Form
8-K and is incorporated by reference.
information about the actual dates of the blackout period, without
charge, by contacting the Companys Corporate Legal Department by
phone at 630-623-3000 or by mail c/o McDonalds Corporation, 2915
Jorie Blvd, Oak Brook, IL 60523 during this blackout period and for
a period of two years after its ending date.
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(d)
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Exhibits.
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Notice to Directors and Executive Officers of McDonalds
Corporation |
About McDONALD’S CORPORATION (NYSE:MCD)
McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally-relevant menu of quality food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets and Foundational Markets and Corporate. Of the approximately 36,525 restaurants in over 120 countries, approximately 30,080 are franchised and over 6,444 are operated by the Company. McDonald’s franchised restaurants are owned and operated under various structures, including conventional franchise, developmental license or affiliate. The Company is primarily a franchisor, with over 80% of McDonald’s restaurants owned and operated by independent franchisees. Under a conventional franchise arrangement, the Company owns the land and building or secures a long-term lease for the restaurant location and the franchisee pays for equipment, signs, seating and decor. McDONALD’S CORPORATION (NYSE:MCD) Recent Trading Information
McDONALD’S CORPORATION (NYSE:MCD) closed its last trading session down -0.39 at 122.68 with 1,980,189 shares trading hands.