Sarah Piper - 15 Mar 2024 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Signature
Jason E. Wynn, Attorney-in-fact
Issuer symbol
MKC
Transactions as of
15 Mar 2024
Net transactions value
-$8,398
Form type
4
Filing time
19 Mar 2024, 14:22:31 UTC
Previous filing
14 Mar 2024
Next filing
29 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise $0 +155 +8.3% $0.000000 2,017 15 Mar 2024 Direct F2
transaction MKC Common Stock - Voting Tax liability $3,550 -52 -2.6% $68.28 1,965 15 Mar 2024 Direct
transaction MKC Common Stock - Voting Options Exercise $0 +212 +11% $0.000000 2,177 15 Mar 2024 Direct F2
transaction MKC Common Stock - Voting Tax liability $4,848 -71 -3.3% $68.28 2,106 15 Mar 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 Restricted stock Units Options Exercise $0 -155 -100% $0.000000* 0 15 Mar 2024 Common Stock - Voting 155 Direct F2, F3, F4
transaction MKC Restricted stock Units Options Exercise $0 -212 -50% $0.000000 212 15 Mar 2024 Common Stock - Voting 212 Direct F2, F5, F6
holding MKC Phantom Stock 1,940 15 Mar 2024 Common Stock - Voting 0 Non Qualified Retirement 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 Restricted Stock Units; No purchase price required.
F3 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2022, March 15, 2023 and March 15, 2024.
F4 Restricted Stock Units granted on March 31, 2021.
F5 The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2023, March 15, 2024 and March 15, 2025.
F6 Restricted Stock Units granted on March 30, 2022.