Smucker Mark T. - 09 Mar 2023 Form 4 Insider Report for J M SMUCKER Co (SJM)

Role
Chair of Board, Pres & CEO, Director
Signature
/s/ Jeannette L. Knudsen, POA
Issuer symbol
SJM
Transactions as of
09 Mar 2023
Net transactions value
-$4,602,300
Form type
4
Filing time
17 Mar 2023, 17:38:51 UTC
Previous filing
04 Jan 2023
Next filing
15 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJM Common Shares Options Exercise $1,118,600 +10,000 +9.1% $111.86 120,260 16 Mar 2023 Direct
transaction SJM Common Shares Options Exercise $2,237,200 +20,000 +17% $111.86 140,260 16 Mar 2023 Direct
transaction SJM Common Shares Sale $4,602,300 -30,000 -21% $153.41 110,260 16 Mar 2023 Direct F1
transaction SJM Common Shares Gift $0 -667 -0.6% $0.000000 109,593 09 Mar 2023 Direct
transaction SJM Common Shares Gift $0 -334 -0.3% $0.000000 109,259 10 Mar 2023 Direct
holding SJM Common Shares 39,635 09 Mar 2023 By Trust
holding SJM Common Shares 17,882 09 Mar 2023 by GRAT (2021)
holding SJM Common Shares 6,718 09 Mar 2023 By 401(k) F2
holding SJM Common Shares 3,469 09 Mar 2023 By Wife F3
holding SJM Common Shares 12,106 09 Mar 2023 By Son F3
holding SJM Common Shares 10,132 09 Mar 2023 By Daughter F3

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 SJM Option Common Shares Options Exercise $1,118,600 -10,000 -100% $111.86 0 16 Mar 2023 Common Shares 10,000 $111.86 Direct
transaction SJM Option Common Shares Options Exercise $2,237,200 -20,000 -100% $111.86 0 16 Mar 2023 Common Shares 20,000 $111.86 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.30 to $153.67, inclusive. The reporting person undertakes to provide to The J. M. Smucker Company, any shareholder of The J. M. Smucker Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 This amount includes shares acquired under (i) the Company's 401(k) plan since the date of the reporting person's last ownership report and (ii) the Company's dividend reinvestment plan as administered by its transfer agent.
F3 The reporting person disclaims beneficial ownership of these shares.