Lawrence E. Kurzius - 15 Mar 2022 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
Chairman, President & CEO, Director
Signature
Jason E. Wynn, Attorney-in-fact
Issuer symbol
MKC
Transactions as of
15 Mar 2022
Net transactions value
-$666,806
Form type
4
Filing time
17 Mar 2022, 15:34:29 UTC
Previous filing
02 Mar 2022
Next filing
02 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +6,994 +5.8% 127,807 15 Mar 2022 Direct F1
transaction MKC Common Stock - Voting Tax liability $311,726 -3,214 -2.5% $96.99 124,593 15 Mar 2022 Direct
transaction MKC Common Stock - Voting Options Exercise +7,966 +6.4% 132,559 15 Mar 2022 Direct F1
transaction MKC Common Stock - Voting Tax liability $355,080 -3,661 -2.8% $96.99 128,898 15 Mar 2022 Direct
holding MKC Common Stock - Voting 25,000 15 Mar 2022 IRA
holding MKC Common Stock - Voting 14,455 15 Mar 2022 401(k) Retirement Plan
holding MKC Common Stock - Voting 7,655 15 Mar 2022 By 2020 GRAT A
holding MKC Common Stock - Voting 7,655 15 Mar 2022 By 2020 GRAT B
holding MKC Common Stock -Voting 14,548 15 Mar 2022 By 2021 GRAT C
holding MKC Common Stock - Voting 14,548 15 Mar 2022 By 2021 GRAT D

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 -6,994 -100% 0 15 Mar 2022 Common Stock - Voting 6,994 Direct F1, F3, F4
transaction MKC Restricted Stock Units Options Exercise -7,966 -50% 7,970 15 Mar 2022 Common Stock - Voting 7,966 Direct F1, F5, F6
holding MKC Phantom Stock 29,431 15 Mar 2022 Common Stock - Voting 0 Non-Qualified Retirement Plan F2
* 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 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.
F3 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2020, March 15, 2021 and March 15, 2022
F4 Restricted Stock Units granted on March 27, 2019
F5 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2021, March 15, 2022 and March 15, 2023.
F6 Restricted Stock Units granted on April 1, 2020.