Gregory Repas - Aug 31, 2021 Form 3/A - Amendment Insider Report for MCCORMICK & CO INC (MKC)

Role
V.P.& Controller
Signature
Jason E. Wynn
Stock symbol
MKC
Transactions as of
Aug 31, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
9/10/2021, 12:46 PM
Date Of Original Report
Sep 9, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MKC Common Stock - Voting 890 Aug 31, 2021 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
holding MKC Options - Right to Buy Aug 31, 2021 Common Stock - Voting 1.58K $52.98 Direct F1
holding MKC Options - Right to Buy Aug 31, 2021 Common Stock - Voting 3.62K $73.70 Direct F1
holding MKC Options - Right to Buy Aug 31, 2021 Common Stock - Voting 2.45K $69.31 Direct F1
holding MKC Options - Right to Buy Aug 31, 2021 Common Stock - Voting 1.91K $89.16 Direct F1
holding MKC Options - Right to Buy Aug 31, 2021 Common Stock - Voting 14.9K $93.49 Direct F5
holding MKC Restricted Stock Units Aug 31, 2021 Common Stock - Voting 234 $0.00 Direct F2
holding MKC Restricted Stock Units Aug 31, 2021 Common Stock - Voting 324 $0.00 Direct F3
holding MKC Restricted Stock Units Aug 31, 2021 Common Stock - Voting 405 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option grant becomes exercisable in thirds of each of the first three (3) grant anniversaries.
F2 The Restricted Stock Units vest in thirds over a three year period beginning March 15, 2020, March 15, 2021 and March 15, 2022
F3 The Restricted Stock Units vest in thirds over a three year period beginning March 15, 2021, March 15, 2022 and March 15, 2023.
F4 The Restricted Stock Units vest in thirds over a threeyear period beginning March 15, 2022, March 15, 2023 and March 15, 2024.
F5 The option grant was granted on November 30, 2020 and vests after the third anniversary date and is only exercisable if certain stock price performance requirements are met. The performance requirements are an increase in the common stock non-voting price of 60% for 1/3 of the options, an increase in the common stock non-voting price of 80% for 1/3 of the options, and an increase in the common stock non-voting price of 100% for 1/3 of the options, in each case within five years of the grant date. Both the vesting date and perfomance requirements must be met for the portion of the grant to become exercisable.