MCDONALDS CORP - Director's Dealing 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2023-02-13

Reporting Person: Ralls-Morrison Desiree (EVP, Chief Legal Off. and Sec.)

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-13	Options (Right to Buy)	$266.2	A	23920	Acquired	2033-02-13	Common Stock (23920)	Direct

Security	Shares	Ownership
Common Stock	3126	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (81.37)	81.37	Indirect

F1: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

F2: Each share of phantom stock represents a right to receive the cash value of one share of McDonald's Corporation (the "Company") 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.