Lawrence E. Kurzius - 12 May 2023 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
Chairman & CEO, Director
Signature
Jeffery D. Schwartz, Attorney-in-fact
Issuer symbol
MKC
Transactions as of
12 May 2023
Net transactions value
-$2,070,164
Form type
4
Filing time
16 May 2023, 13:58:14 UTC
Previous filing
27 Apr 2023
Next filing
05 Jul 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 $1,522,214 +39,906 +25% $38.14 199,485 12 May 2023 Direct
transaction MKC Common Stock - Voting Sale $3,592,378 -39,906 -20% $90.02 159,579 12 May 2023 Direct
holding MKC Common Stock - Voting 25,000 12 May 2023 IRA
holding MKC Common Stock - Voting 14,455 12 May 2023 401(k) Retirement Plan
holding MKC Common Stock - Voting 8,631 12 May 2023 By 2021 GRAT C
holding MKC Common Stock - Voting 8,631 12 May 2023 By 2021 GRAT D
holding MKC Common Stock - Voting 11,363 12 May 2023 By 2022 GRAT E
holding MKC Common Stock - Voting 11,363 12 May 2023 By 2022 GRAT F

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 Options- Right to Buy Options Exercise $0 -39,906 -33% $0.000000 80,000 12 May 2023 Common Stock - Voting 39,906 $38.14 Direct F2
holding MKC Phantom Stock 30,391 12 May 2023 Common Stock - Voting 0 Non Qualified Retirement Savings Plan F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Option exercised; No purchase price required.