MCDONALDS CORP — Director's Dealing 2010

Sep 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2010-09-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-14	Common Stock	M	45000	$28.75	Acquired	113603	Direct
2010-09-14	Common Stock	M	25000	$26.63	Acquired	138603	Direct
2010-09-14	Common Stock	S	70000	$74.0733	Disposed	68603	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-14	Options (Right to Buy)	$28.75	M	45000	Disposed	2012-03-20	Common Stock (45000)	Direct
2010-09-14	Options (Right to Buy)	$26.63	M	25000	Disposed	2014-02-16	Common Stock (25000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $74.02 to $74.10 per share. The price reported represents the weighted average sales price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.

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