MCDONALDS CORP — Director's Dealing 2010

Feb 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2010-02-16

Reporting Person: MCMILLAN CARY D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-16	Common Stock	M	10000	$17.50	Acquired	20000	Direct
2010-02-16	Common Stock	F	2734	$64.01	Disposed	17266	Direct
2010-02-17	Common Stock	S	2900	$64.15	Disposed	14366	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-16	Options (Right to Buy)	$17.50	M	10000	Disposed	2013-05-22	Common Stock (10000)	Direct

Footnotes

F1: The reporting person surrendered shares of McDonald's Corporation common stock to pay the exercise price related to his option exercise.

F2: Options became exercisable in 33% increments on the first, second and third anniversary dates of the grant.