MCDONALDS CORP — Director's Dealing 2011

Apr 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2011-04-25

Reporting Person: STONE ROGER W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-25	Common Stock	M	3000	$28.50	Acquired	3000	Indirect
2011-04-25	Common Stock	S	3000	$76.6517	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-25	Options (Right to Buy)	$28.50	M	3000	Disposed	2011-05-17	Common Stock (3000)	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $76.65 to $76.6525 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 33% increments on the first, second and third anniversary dates of the grant.