MCDONALDS CORP — Director's Dealing 2007

Oct 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2007-10-24

Reporting Person: Stratton Jeffrey P (Corp Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-24	Common Stock	M	15000	$25.31	Acquired	15217	Direct
2007-10-24	Common Stock	M	7250	$29.43	Acquired	22467	Direct
2007-10-24	Common Stock	S	15000	$57.00	Disposed	7467	Direct
2007-10-24	Common Stock	S	7250	$57.05	Disposed	217	Direct
2007-10-25	Common Stock	M	7500	$32.60	Acquired	7717	Direct
2007-10-25	Common Stock	S	100	$57.92	Disposed	7617	Direct
2007-10-25	Common Stock	S	1100	$57.91	Disposed	6517	Direct
2007-10-25	Common Stock	S	2800	$57.90	Disposed	3717	Direct
2007-10-25	Common Stock	S	3500	$57.89	Disposed	217	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-24	Options (Right to Buy)	$25.31	M	15000	Disposed	2014-05-20	Common Stock (15000)	Direct
2007-10-24	Options (Right to Buy)	$29.43	M	7250	Disposed	2011-02-02	Common Stock (7250)	Direct
2007-10-25	Options (Right to Buy)	$32.60	M	7500	Disposed	2015-02-16	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9358	Indirect
Common Stock	6	Indirect
Common Stock	9	Indirect

Footnotes

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