MCDONALDS CORP - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2007-12-11

Reporting Person: PAULL MATTHEW H (Corp Sr Exec VP and CFO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-11	Common Stock	I	13168	$63.13	Disposed	0	Indirect
2007-12-11	Common Stock	M	10000	$14.31	Acquired	25137	Direct
2007-12-11	Common Stock	M	41800	$29.43	Acquired	66937	Direct
2007-12-11	Common Stock	M	44000	$28.75	Acquired	110937	Direct
2007-12-11	Common Stock	S	100	$62.19	Disposed	110837	Direct
2007-12-11	Common Stock	S	500	$62.17	Disposed	110337	Direct
2007-12-11	Common Stock	S	41900	$62.15	Disposed	68437	Direct
2007-12-11	Common Stock	S	100	$62.14	Disposed	68337	Direct
2007-12-11	Common Stock	S	600	$62.12	Disposed	67737	Direct
2007-12-11	Common Stock	S	400	$62.11	Disposed	67337	Direct
2007-12-11	Common Stock	S	1600	$62.10	Disposed	65737	Direct
2007-12-11	Common Stock	S	1200	$62.09	Disposed	64537	Direct
2007-12-11	Common Stock	S	500	$62.08	Disposed	64037	Direct
2007-12-11	Common Stock	S	200	$62.07	Disposed	63837	Direct
2007-12-11	Common Stock	S	2200	$62.05	Disposed	61637	Direct
2007-12-11	Common Stock	S	100	$62.03	Disposed	61537	Direct
2007-12-11	Common Stock	S	2400	$62.02	Disposed	59137	Direct
2007-12-11	Common Stock	S	200	$62.01	Disposed	58937	Direct
2007-12-11	Common Stock	S	15137	$62	Disposed	43800	Direct
2007-12-11	Common Stock	S	1000	$61.97	Disposed	42800	Direct
2007-12-11	Common Stock	S	12300	$61.96	Disposed	30500	Direct
2007-12-11	Common Stock	S	1500	$61.92	Disposed	29000	Direct
2007-12-11	Common Stock	S	12100	$61.90	Disposed	16900	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-11	Options (Right to Buy)	$14.31	M	10000	Disposed	2013-03-18	Common Stock (10000)	Direct
2007-12-11	Options (Right to Buy)	$29.43	M	41800	Disposed	2011-02-02	Common Stock (41800)	Direct
2007-12-11	Options (Right to Buy)	$28.75	M	44000	Disposed	2012-03-20	Common Stock (44000)	Direct

F1: First of two Forms 4 reporting transactions completed on Dec 11, 2007.

F2: Options become exercisable in 25% increments on the first, second, third, and fourth anniversary dates of the grant.