MCDONALDS CORP — Director's Dealing 2006

Dec 12, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2006-12-11

Reporting Person: POJMAN DAVID M (Corp Sr Vice Pres, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-11	Common Stock	M	25000	$14.31	Acquired	30165	Direct
2006-12-11	Common Stock	S	4600	$43.52	Disposed	25565	Direct
2006-12-11	Common Stock	S	2300	$43.53	Disposed	23265	Direct
2006-12-11	Common Stock	S	12100	$43.54	Disposed	11165	Direct
2006-12-11	Common Stock	S	1800	$43.55	Disposed	9365	Direct
2006-12-11	Common Stock	S	4200	$43.56	Disposed	5165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-11	Options (Right to Buy)	$14.31	M	25000	Disposed	2013-03-18	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14109	Indirect
Common Stock	1022	Indirect

Footnotes

F1: Options became exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.