Lawrence Kurzius - Mar 15, 2022 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
Chairman, President & CEO, Director
Signature
Jason E. Wynn, Attorney-in-fact
Stock symbol
MKC
Transactions as of
Mar 15, 2022
Transactions value $
-$666,806
Form type
4
Date filed
3/17/2022, 03:34 PM
Previous filing
Mar 2, 2022
Next filing
Jun 2, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +6.99K +5.79% 128K Mar 15, 2022 Direct F1
transaction MKC Common Stock - Voting Tax liability -$312K -3.21K -2.51% $96.99 125K Mar 15, 2022 Direct
transaction MKC Common Stock - Voting Options Exercise +7.97K +6.39% 133K Mar 15, 2022 Direct F1
transaction MKC Common Stock - Voting Tax liability -$355K -3.66K -2.76% $96.99 129K Mar 15, 2022 Direct
holding MKC Common Stock - Voting 25K Mar 15, 2022 IRA
holding MKC Common Stock - Voting 14.5K Mar 15, 2022 401(k) Retirement Plan
holding MKC Common Stock - Voting 7.66K Mar 15, 2022 By 2020 GRAT A
holding MKC Common Stock - Voting 7.66K Mar 15, 2022 By 2020 GRAT B
holding MKC Common Stock -Voting 14.5K Mar 15, 2022 By 2021 GRAT C
holding MKC Common Stock - Voting 14.5K Mar 15, 2022 By 2021 GRAT D

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MKC Restricted Stock Units Options Exercise -6.99K -100% 0 Mar 15, 2022 Common Stock - Voting 6.99K Direct F1, F3, F4
transaction MKC Restricted Stock Units Options Exercise -7.97K -49.99% 7.97K Mar 15, 2022 Common Stock - Voting 7.97K Direct F1, F5, F6
holding MKC Phantom Stock 29.4K Mar 15, 2022 Common Stock - Voting 0 Non-Qualified Retirement Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units; No purchase price required.
F2 Each share of phantom stock represents the right to receive one share of Common Stock - Voting. Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan.
F3 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2020, March 15, 2021 and March 15, 2022
F4 Restricted Stock Units granted on March 27, 2019
F5 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2021, March 15, 2022 and March 15, 2023.
F6 Restricted Stock Units granted on April 1, 2020.