Jill R. Penrose - Mar 17, 2023 Form 4 Insider Report for J M SMUCKER Co (SJM)

Role: Chief People Officer
Signature: /s/ Jeannette L. Knudsen, POA
Stock symbol: SJM
Transactions as of: Mar 17, 2023
Transactions value $: -$732,388
Form type: 4
Date filed: 3/20/2023, 05:29 PM
Previous filing: Sep 8, 2022
Next filing: Jun 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJM	Common Shares	Options Exercise	$522K	+4.8K	+52.66%	$108.90	13.9K	Mar 17, 2023	Direct
transaction	SJM	Common Shares	Sale	-$732K	-4.8K	-34.49%	$152.74	9.11K	Mar 17, 2023	Direct
holding	SJM	Common Shares						2.42K	Mar 17, 2023	401(k)	F1

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	-$522K	-4.8K	-50%	$108.90	4.8K	Mar 17, 2023	Common Shares	4.8K	$108.90	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	The option, which was granted for fiscal year 2021 pursuant to The J. M. Smucker Company 2010 Equity and Incentive Compensation Plan, vests in three equal annual installments beginning on June 17, 2021.