MCDONALDS CORP — Director's Dealing 2023

Feb 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2023-02-23

Reporting Person: Kempczinski Christopher J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-23	Common Stock	S	3850	$267.69	Disposed	34637	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (4526.76)	4526.76	Indirect

Footnotes

F1: The transaction reported on this Form 4 was effected pursuant to a trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

F2: Each share of phantom stock represents a right to receive the cash value of one share of the Company's common stock.

F3: Shares of phantom stock are payable in cash following the reporting person's separation from service with the Company.

F4: Includes shares acquired through dividend reinvestment.