MCDONALDS CORP — Director's Dealing 2007

Feb 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2007-02-13

Reporting Person: MASSEY WALTER E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-13	Common Stock	M	4000	$32.9685	Acquired	4000	Direct
2007-02-13	Common Stock	M	3000	$38.625	Acquired	7000	Direct
2007-02-13	Common Stock	M	3000	$28.50	Acquired	10000	Direct
2007-02-13	Common Stock	M	3334	$25.31	Acquired	13334	Direct
2007-02-13	Common Stock	M	3000	$40.0625	Acquired	16334	Direct
2007-02-13	Common Stock	M	5000	$30.40	Acquired	21334	Direct
2007-02-13	Common Stock	M	5000	$17.50	Acquired	26334	Direct
2007-02-13	Common Stock	S	13334	$44.86	Disposed	13000	Direct
2007-02-13	Common Stock	S	6300	$44.87	Disposed	6700	Direct
2007-02-13	Common Stock	S	1890	$44.88	Disposed	4810	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-13	Options (Right to Buy)	$32.9685	M	4000	Disposed	2008-05-21	Common Stock (4000)	Direct
2007-02-13	Options (Right to Buy)	$38.625	M	3000	Disposed	2010-05-18	Common Stock (3000)	Direct
2007-02-13	Options (Right to Buy)	$28.50	M	3000	Disposed	2011-05-17	Common Stock (3000)	Direct
2007-02-13	Options (Right to Buy)	$25.31	M	3334	Disposed	2014-05-20	Common Stock (3334)	Direct
2007-02-13	Options (Right to Buy)	$40.0625	M	3000	Disposed	2009-05-20	Common Stock (3000)	Direct
2007-02-13	Options (Right to Buy)	$30.40	M	5000	Disposed	2012-05-23	Common Stock (5000)	Direct
2007-02-13	Options (Right to Buy)	$17.50	M	5000	Disposed	2013-05-22	Common Stock (5000)	Direct

Footnotes

F1: Options become exercisable in 33% increments on the first, second and third anniversary dates of the grant.