Jeannette L. Knudsen - Mar 20, 2023 Form 4 Insider Report for J M SMUCKER Co (SJM)

Role: Chief Legal Officer
Signature: /s/ Jeannette L. Knudsen, POA
Stock symbol: SJM
Transactions as of: Mar 20, 2023
Transactions value $: -$1,539,600
Form type: 4
Date filed: 3/22/2023, 05:32 PM
Previous filing: Aug 29, 2022
Next filing: Jun 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJM	Common Shares	Options Exercise	$746K	+6.67K	+37.96%	$111.86	24.2K	Mar 20, 2023	Direct
transaction	SJM	Common Shares	Options Exercise	$373K	+3.33K	+13.76%	$111.86	27.6K	Mar 20, 2023	Direct
transaction	SJM	Common Shares	Sale	-$1.54M	-10K	-36.28%	$153.96	17.6K	Mar 20, 2023	Direct	F1
holding	SJM	Common Shares						4.61K	Mar 20, 2023	By 401(k)	F2

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	-$746K	-6.67K	-100%	$111.86	0	Mar 20, 2023	Common Shares	6.67K	$111.86	Direct
transaction	SJM	Option Common Shares	Options Exercise	-$373K	-3.33K	-100%	$111.86	0	Mar 20, 2023	Common Shares	3.33K	$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 $153.69 to $154.19, 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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.69 to $154.19, 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.

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.