M. Preston Margaret - Jan 30, 2024 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
Director
Signature
Jason E. Wynn, Attorney-in-fact
Stock symbol
MKC
Transactions as of
Jan 30, 2024
Transactions value $
-$24
Form type
4
Date filed
1/31/2024, 03:09 PM
Previous filing
Mar 19, 2024
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise $356K +10K +10.84% $35.55 102K Jan 30, 2024 Direct
transaction MKC Common Stock - Voting Tax liability -$356K -5.17K -5.05% $68.82 97.1K Jan 30, 2024 Direct
holding MKC Common Stock - Non Voting 13K Jan 30, 2024 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 Options - Right to Buy Options Exercise $0 -10K -100% $0.00* 0 Jan 30, 2024 Common Stock - Voting 10K $68.82 Direct F2
holding MKC Phantom Stock 27.5K Jan 30, 2024 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 Options exercised; No Purchase Price Required.