Jill R. Penrose - 15 Jun 2023 Form 4 Insider Report for J M SMUCKER Co (SJM)

Role: Chief People Officer
Signature: /s/ Jeannette L. Knudsen, POA
Issuer symbol: SJM
Transactions as of: 15 Jun 2023
Net transactions value: -$669,121
Form type: 4
Filing time: 20 Jun 2023, 17:56:31 UTC
Previous filing: 15 Jun 2023
Next filing: 26 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	Award	$0	+1,472	+19%	$0.000000	9,294	15 Jun 2023	Direct	F1
transaction	SJM	Common Shares	Tax liability	$34,704	-227	-2.4%	$152.88	9,067	15 Jun 2023	Direct	F2
transaction	SJM	Common Shares	Sale	$462,333	-3,009	-33%	$153.65	6,058	16 Jun 2023	Direct	F3
transaction	SJM	Common Shares	Award	$0	+2,564	+42%	$0.000000	8,622	16 Jun 2023	Direct	F4
transaction	SJM	Common Shares	Tax liability	$172,084	-1,124	-13%	$153.10	7,498	16 Jun 2023	Direct	F5
holding	SJM	Common Shares						2,439	15 Jun 2023	401(k)

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	Award	$0	+6,529		$0.000000	6,529	15 Jun 2023	Common Shares	6,529	$153.21	Direct	F6

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

Explanation of Responses:

Id	Content
F1	The restricted stock granted for fiscal year 2024 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan, vests in three equal annual installments beginning on June 15, 2024.
F2	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.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 153.63 to 153.69, 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.
F4	This amount represents shares of common stock received upon settlement of a performance units award granted to the reporting person on August 18, 2020.
F5	Smucker common shares withheld by the Company to satisfy tax liability upon the vesting of performance units pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
F6	The option, which was granted for fiscal year 2024 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan, vests in three equal annual installments beginning on June 15, 2024.