MCDONALDS CORP — Director's Dealing 2011

Sep 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2011-09-15

Reporting Person: Easterbrook Stephen (President, McDonald's Europe)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-15	Common Stock	M	2498	$45.02	Acquired	3821	Direct
2011-09-15	Common Stock	M	4727	$56.64	Acquired	8548	Direct
2011-09-15	Common Stock	M	4138	$57.08	Acquired	12686	Direct
2011-09-15	Common Stock	M	3734	$63.25	Acquired	16420	Direct
2011-09-15	Common Stock	S	15097	$87.8383	Disposed	1323	Direct
2011-09-15	Common Stock	S	600	$87.90	Disposed	723	Direct
2011-09-15	Common Stock	S	723	$87.89	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-15	Options (Right to Buy)	$45.02	M	2498	Disposed	2017-02-14	Common Stock (2498)	Direct
2011-09-15	Options (Right to Buy)	$56.64	M	4727	Disposed	2018-02-13	Common Stock (4727)	Direct
2011-09-15	Options (Right to Buy)	$57.08	M	4138	Disposed	2019-02-11	Common Stock (4138)	Direct
2011-09-15	Options (Right to Buy)	$63.25	M	3734	Disposed	2020-02-10	Common Stock (3734)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $87.82 to $88.87 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 become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.