Lawrence Erik Kurzius - Apr 25, 2022 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
Chairman, President & CEO, Director
Signature
Jason E. Wynn, Attorney-in-fact
Stock symbol
MKC
Transactions as of
Apr 25, 2022
Transactions value $
$11,000
Form type
4
Date filed
7/5/2022, 06:33 PM
Previous filing
Apr 4, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Gift -2.21K -22.39% 7.66K Apr 27, 2022 By 2020 GRAT A F1, F2
transaction MKC Common Stock - Voting Gift -2.21K -22.39% 7.66K Apr 27, 2022 By 2020 GRAT B F1, F2
holding MKC Common Stock - Voting 129K Apr 25, 2022 Direct
holding MKC Common Stock - Voting 25K Apr 25, 2022 IRA
holding MKC Common Stock - Voting 14.5K Apr 25, 2022 401(k) Retirement Plan
holding MKC Common Stock -Voting 8.63K Apr 25, 2022 By 2021 GRAT C
holding MKC Common Stock - Voting 8.63K Apr 25, 2022 By 2021 GRAT D
holding MKC Common Stock - Voting 11.4K Apr 25, 2022 By 2022 GRAT E F3
holding MKC Common Stock - Voting 11.4K Apr 25, 2022 By 2022 GRAT F F3

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 Other $11K +107 +0.36% $102.37 29.8K Apr 25, 2022 Common Stock - Voting 107 Non-Qualified Retirement Plan F4, F5
transaction MKC Options- Right to Buy Award $0 +17.8K $0.00 17.8K Jun 30, 2022 Common Stock - Voting 17.8K $83.25 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon termination of the Reporting Person's 2020 grantor retained annuity trusts, the Reporting Person gifted 4,418 shares of Common Stock - Voting and transferred 10,892 shares of Common Stock - Voting evenly into two new separate grantor retained annuity trusts created on June 30, 2022.
F2 Shares gifted; No Purchase price required.
F3 On June 30, 2022, the Reporting Person established two new separate grantor retained annuity trusts and transferred 10,892 shares of Common Stock - Voting evenly from the 2020 grantor retained annuity trusts and 11,834 shares of Common Stock -Voting evenly from the 2021 grantor retained annuity trusts.
F4 Dividend Reinvestment.
F5 This amount reflects 299.064 shares acquired through Dividend Reinvestment and not previously reported on the Reporting Person's previous Form 4.
F6 The option grant becomes exercisable in thirds of each of the first three (3) grant anniversaries.