Lisa Manzone - 27 Nov 2021 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Signature
Jason E. Wynn, Attorney-in-fact
Issuer symbol
MKC
Transactions as of
27 Nov 2021
Net transactions value
-$194,126
Form type
4
Filing time
01 Dec 2021, 15:04:40 UTC
Previous filing
26 Nov 2021
Next filing
15 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +4,674 +14% 39,036 27 Nov 2021 Direct F2
transaction MKC Common Stock - Voting Tax liability $194,126 -2,251 -5.8% $86.24 36,785 27 Nov 2021 Direct
holding MKC Common Stock - Non Voting 1,736 27 Nov 2021 Direct

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 MKC Restricted Stock Units Options Exercise -4,674 -100% 0 27 Nov 2021 Common Stock - Voting 4,674 Direct F2, F3, F4
holding MKC Phantom Stock 9,022 27 Nov 2021 CommonStock - Voting 0 Non Qualified Retirement Savings Plan F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock represents the right to receive one share of Common Stock - Voting. Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan.
F2 Restricted Stock Units; No purchase price required.
F3 The Restricted Stock Units vests in thirds over a three year period beginning on November 27, 2019, November 27, 2020 and November 27, 2021.
F4 The Restricted Stock Units granted on November 27, 2018.