Jill R. Penrose - Jun 15, 2023 Form 4 Insider Report for J M SMUCKER Co (SJM)

Role
Chief People Officer
Signature
/s/ Jeannette L. Knudsen, POA
Stock symbol
SJM
Transactions as of
Jun 15, 2023
Transactions value $
-$669,121
Form type
4
Date filed
6/20/2023, 05:56 PM
Previous filing
Jun 15, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJM Common Shares Award $0 +1.47K +18.82% $0.00 9.29K Jun 15, 2023 Direct F1
transaction SJM Common Shares Tax liability -$34.7K -227 -2.44% $152.88 9.07K Jun 15, 2023 Direct F2
transaction SJM Common Shares Sale -$462K -3.01K -33.19% $153.65 6.06K Jun 16, 2023 Direct F3
transaction SJM Common Shares Award $0 +2.56K +42.32% $0.00 8.62K Jun 16, 2023 Direct F4
transaction SJM Common Shares Tax liability -$172K -1.12K -13.04% $153.10 7.5K Jun 16, 2023 Direct F5
holding SJM Common Shares 2.44K Jun 15, 2023 401(k)

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 SJM Option Common Shares Award $0 +6.53K $0.00 6.53K Jun 15, 2023 Common Shares 6.53K $153.21 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock granted for fiscal year 2024 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan, vests in three equal annual installments beginning on June 15, 2024.
F2 Smucker common shares withheld by the Company to satisfy tax liability upon the vesting of restricted stock pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 153.63 to 153.69, inclusive. The reporting person undertakes to provide to The J. M. Smucker Company, any shareholder of The J. M. Smucker Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 This amount represents shares of common stock received upon settlement of a performance units award granted to the reporting person on August 18, 2020.
F5 Smucker common shares withheld by the Company to satisfy tax liability upon the vesting of performance units pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
F6 The option, which was granted for fiscal year 2024 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan, vests in three equal annual installments beginning on June 15, 2024.