Sarah Piper - 15 Mar 2023 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Signature
Jason E. Wynn, Attorney-in-fact
Issuer symbol
MKC
Transactions as of
15 Mar 2023
Net transactions value
-$14,858
Form type
4
Filing time
17 Mar 2023, 11:22:13 UTC
Previous filing
15 Feb 2023
Next filing
31 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +252 +44% 820 15 Mar 2023 Direct F1
transaction MKC Common Stock - Voting Tax liability $6,030 -84 -10% $71.78 736 15 Mar 2023 Direct
transaction MKC Common Stock - Voting Options Exercise +154 +21% 890 15 Mar 2023 Direct F1
transaction MKC Common Stock - Voting Tax liability $3,733 -52 -5.8% $71.78 838 15 Mar 2023 Direct
transaction MKC Common Stock - Voting Options Exercise +212 +25% 1,050 15 Mar 2023 Direct F1
transaction MKC Common Stock - Voting Tax liability $5,096 -71 -6.8% $71.78 979 15 Mar 2023 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 -252 -100% 0 15 Mar 2023 Common Stock - Voting 252 Direct F1, F2, F3
transaction MKC Restricted Stock Units Options Exercise -154 -50% 154 15 Mar 2023 Common Stock - Voting 154 Direct F1, F4, F5
transaction MKC Restricted Stock Units Options Exercise -212 -33% 424 15 Mar 2023 Common Stock - Voting 212 Direct F1, F6, F7
* 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 March 15, 2021, March 15, 2022 and March 15, 2023.
F3 The Restricted Stock Units granted on April 1, 2020.
F4 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2022, March 15, 2023 and March 15, 2024
F5 Restricted Stock Units granted on March 31, 2021
F6 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2023, March 15, 2024 and March 15, 2025.
F7 Restricted Stock Units granted on March 30, 2022.