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

Signature
Jeffery D. Schwartz, Attorney-in-fact
Stock symbol
MKC
Transactions as of
May 15, 2023
Transactions value $
$49,448
Form type
4
Date filed
5/17/2023, 06:01 PM
Previous filing
Apr 27, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MKC Common Stock - Voting 983 May 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 Phantom Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $49.4K +544 +52.51% $90.85 1.58K May 15, 2023 Common Stock - Voting 544 Non Qualified Retirement Savings Plan F1, F2, F3
* 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 In the reported transaction, the reporting person acquired units in the Non-Qualified Retirement Plan that represented 544.280 shares of common stock, by executing an intra-plan transfer.
F3 The number reflects the Reporting Person's total number of shares held in the Non-Qualified Retirement Plan.