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

Role
President & COO
Signature
Jason E. Wynn, Attorney-in-Fact
Stock symbol
MKC
Transactions as of
Mar 15, 2023
Transactions value $
-$69,914
Form type
4
Date filed
3/17/2023, 11:23 AM
Previous filing
Feb 15, 2023
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +2.12K +2.36% 92K Mar 15, 2023 Direct F1
transaction MKC Common Stock - Voting Tax liability -$69.9K -974 -1.06% $71.78 91K Mar 15, 2023 Direct
holding MKC Common Stock - Non Voting 702 Mar 15, 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 -2.12K -100% 0 Mar 15, 2023 Common Stock - Voting 2.12K Direct F1, F3, F4
holding MKC Phantom Stock 6.54K Mar 15, 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.