Smucker Mark T. - 13 Jun 2023 Form 4 Insider Report for J M SMUCKER Co (SJM)

Signature
/s/ Jeannette L. Knudsen, POA
Issuer symbol
SJM
Transactions as of
13 Jun 2023
Net transactions value
-$2,106,180
Form type
4
Filing time
15 Jun 2023, 17:18:07 UTC
Previous filing
17 Mar 2023
Next filing
20 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJM Common Shares Gift $0 -1,974 -1.8% $0.000000 107,285 13 Jun 2023 Direct
transaction SJM Common Shares Tax liability $2,106,180 -13,927 -24% $151.23 43,358 13 Jun 2023 Direct F1, F2
transaction SJM Common Shares Gift $0 +1,974 +19% $0.000000 12,106 13 Jun 2023 By Daughter F3
holding SJM Common Shares 50,000 13 Jun 2023 By GRAT (2023)
holding SJM Common Shares 17,882 13 Jun 2023 by GRAT (2021)
holding SJM Common Shares 39,635 13 Jun 2023 By Trust
holding SJM Common Shares 6,765 13 Jun 2023 By 401(k) F4
holding SJM Common Shares 12,106 13 Jun 2023 By Son F3
holding SJM Common Shares 3,469 13 Jun 2023 By Wife F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Smucker common shares withheld by the Company to satisfy tax liability upon the vesting of restricted stock pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
F2 On June 15, 2023, 50,000 shares were moved from the reporting person's direct ownership to a grantor retained annuity trust.
F3 The reporting person disclaims beneficial ownership of these shares.
F4 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.