X0306 4 2016-06-30 0 0000063908 MCDONALDS CORP MCD 0001332215 Dean Lloyd H MCDONALD'S CORPORATION 2915 JORIE BLVD. OAK BROOK IL 60523 1 0 0 0 Phantom Stock 2016-06-30 4 A 0 207.75 120.34 A Common Stock 207.75 1263.89 D Each share of phantom stock is the economic equivalent of one share of McDonald's Corporation common stock and shall be settled in cash, pursuant to the Directors' Deferred Compensation Plan (the "Plan"). Acquisition of phantom stock pursuant to the Plan in transaction exempt under Rule 16b-3(d)(1). Amount represents deferred compensation. Payment of phantom stock may be deferred until the earlier of (a) the Director's retirement date or other termination from the Board; or (b) a specific future date pursuant to an election. Includes shares acquired through dividend reinvestment. /s/ Denise A. Horne, Attorney-in-fact 2016-07-05