MCDONALDS CORP — Director's Dealing 2007

Sep 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2007-09-17

Reporting Person: SANTONA GLORIA (Corp Exec VP, Gen Coun, Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-17	Common Stock	M	34200	$26.25	Acquired	88895	Direct
2007-09-17	Common Stock	M	40000	$14.31	Acquired	128895	Direct
2007-09-17	Common Stock	S	1900	$54.76	Disposed	126995	Direct
2007-09-17	Common Stock	S	7900	$54.77	Disposed	119095	Direct
2007-09-17	Common Stock	S	5500	$54.78	Disposed	113595	Direct
2007-09-17	Common Stock	S	4600	$54.79	Disposed	108995	Direct
2007-09-17	Common Stock	S	3800	$54.8	Disposed	105195	Direct
2007-09-17	Common Stock	S	3410	$54.81	Disposed	101785	Direct
2007-09-17	Common Stock	S	17927	$54.82	Disposed	83858	Direct
2007-09-17	Common Stock	S	5247	$54.83	Disposed	78611	Direct
2007-09-17	Common Stock	S	6316	$54.84	Disposed	72295	Direct
2007-09-17	Common Stock	S	4046	$54.85	Disposed	68249	Direct
2007-09-17	Common Stock	S	7500	$54.86	Disposed	60749	Direct
2007-09-17	Common Stock	S	2000	$54.87	Disposed	58749	Direct
2007-09-17	Common Stock	S	500	$54.88	Disposed	58249	Direct
2007-09-17	Common Stock	S	3554	$54.89	Disposed	54695	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-17	Options (Right to Buy)	$26.25	M	34200	Disposed	2008-03-24	Common Stock (34200)	Direct
2007-09-17	Options (Right to Buy)	$14.31	M	40000	Disposed	2013-03-18	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14263	Indirect
Common Stock	3831	Indirect

Footnotes

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

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