Brendan M. Foley - Mar 15, 2022 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
Mar 15, 2022
Transactions value $
-$175,993
Form type
4
Date filed
3/17/2022, 03:41 PM
Previous filing
Mar 10, 2022
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +1.87K +2.56% 74.8K Mar 15, 2022 Direct F1
transaction MKC Common Stock - Voting Tax liability -$83.3K -859 -1.15% $96.99 74K Mar 15, 2022 Direct
transaction MKC Common Stock - Voting Options Exercise +2.12K +2.86% 76.1K Mar 15, 2022 Direct F1
transaction MKC Common Stock - Voting Tax liability -$94.4K -973 -1.28% $96.99 75.1K Mar 15, 2022 Direct
holding MKC Common Stock - Non Voting 702 Mar 15, 2022 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 Phantom Stock Award $1.69K +17.5 +0.29% $96.52 5.97K Mar 15, 2022 Common Stock - Voting 17.5 Non Qualified Retirement Savings Plan F1, F2
transaction MKC Restricted Stock Units Options Exercise -1.87K -100% 0 Mar 15, 2022 Common Stock - Voting 1.87K Direct F1, F3, F4
transaction MKC Restricted Stock Units Options Exercise -2.12K -49.98% 2.12K Mar 15, 2022 Common Stock - Voting 2.12K Direct F1, F5, F6
* 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.