Denise Stump - Oct 26, 2021 Form 4 Insider Report for SCOTTS MIRACLE-GRO CO (SMG)

Signature
Kathy L. Uttley as attorney-in-fact for Denise S. Stump
Stock symbol
SMG
Transactions as of
Oct 26, 2021
Transactions value $
$20,187
Form type
4
Date filed
10/28/2021, 09:02 PM
Previous filing
Sep 29, 2021
Next filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMG Common Shares Other $500 +4.06 +0.05% $123.02 8.47K Sep 24, 2021 Direct
transaction SMG Common Shares Award $0 +58.3K +688.69% $0.00 66.8K Oct 26, 2021 Direct F1

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 SMG Phantom Stock Award $19.7K +130 +1.15% $151.62 11.4K Oct 26, 2021 Common Shares 130 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 30, 2017, the Issuer made a grant to the Reporting Person of 23,339 performance units (the "2017 grant"). Under the award agreement, the 2017 grant included an enhanced issuance provision under which the Reporting Person would receive a range of 50% to 250% of the original grant depending on certain pre-determined performance criteria over the entirety of the plan period. On October 26, 2021, the Compensation Committee of the Issuer's Board of Directors determined that the performance measures related to the 2017 grant were satisfied to the extent required to permit for the issuance of shares equal to 250% of the original grant.
F2 Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof.
F3 Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer. The reporting person may transfer his/her phantom stock into an alternative investment at any time.