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

Role
Chairman & CEO, Director
Signature
Jeffery D. Schwartz, Attorney-in-fact
Stock symbol
MKC
Transactions as of
May 12, 2023
Transactions value $
-$2,070,164
Form type
4
Date filed
5/16/2023, 01:58 PM
Previous filing
Apr 27, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise $1.52M +39.9K +25.01% $38.15 199K May 12, 2023 Direct
transaction MKC Common Stock - Voting Sale -$3.59M -39.9K -20% $90.02 160K May 12, 2023 Direct
holding MKC Common Stock - Voting 25K May 12, 2023 IRA
holding MKC Common Stock - Voting 14.5K May 12, 2023 401(k) Retirement Plan
holding MKC Common Stock - Voting 8.63K May 12, 2023 By 2021 GRAT C
holding MKC Common Stock - Voting 8.63K May 12, 2023 By 2021 GRAT D
holding MKC Common Stock - Voting 11.4K May 12, 2023 By 2022 GRAT E
holding MKC Common Stock - Voting 11.4K May 12, 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 -39.9K -33.28% $0.00 80K May 12, 2023 Common Stock - Voting 39.9K $38.15 Direct F2
holding MKC Phantom Stock 30.4K May 12, 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.