Brendan M. Foley - Dec 1, 2021 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
President Global Consumer
Signature
Jason E. Wynn, Attorney-in-Fact
Stock symbol
MKC
Transactions as of
Dec 1, 2021
Transactions value $
-$833,561
Form type
4
Date filed
12/2/2021, 12:59 PM
Previous filing
Nov 26, 2021
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +20K +38.92% 71.4K Dec 1, 2021 Direct F1
transaction MKC Common Stock - Voting Tax liability -$834K -9.66K -13.53% $86.29 61.7K Dec 1, 2021 Direct
holding MKC Common Stock - Non Voting 543 Dec 1, 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 -20K -50% 20K Dec 1, 2021 Common Stock - Voting 20K Direct F1, F2, F3
holding MKC Phantom Stock 5.17K Dec 1, 2021 Common Stock - Voting 0 Non Qualified Retirement Savings Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units; No purchase price required.
F2 The Restricted Stock Units vest in thirds over a three year period beginning on November 27, 2019, November 20, 2020 and November 27, 2021.
F3 The Restricted Stock Units granted on November 27, 2018.
F4 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.