Brendan M. Foley - 15 Mar 2023 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
President & COO
Signature
Jason E. Wynn, Attorney-in-Fact
Issuer symbol
MKC
Transactions as of
15 Mar 2023
Net transactions value
-$69,914
Form type
4
Filing time
17 Mar 2023, 11:23:20 UTC
Previous filing
15 Feb 2023
Next filing
31 Mar 2023
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 +2,118 +2.4% 91,980 15 Mar 2023 Direct F1
transaction MKC Common Stock - Voting Tax liability $69,914 -974 -1.1% $71.78 91,006 15 Mar 2023 Direct
holding MKC Common Stock - Non Voting 702 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 -2,118 -100% 0 15 Mar 2023 Common Stock - Voting 2,118 Direct F1, F3, F4
holding MKC Phantom Stock 6,537 15 Mar 2023 Common Stock - Voting 0 Non Qualified Retirement Savings 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, 2021, March 15, 2022 and March 15, 2023.
F4 Restricted Stock Units granted on April 1, 2020.