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MCCORMICK & CO INC — Director's Dealing 2020
Dec 2, 2020
30330_dirs_2020-12-02_853a5726-6eb4-4ea9-af26-0b79e5d66cd9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MCCORMICK & CO INC (MKC)
CIK: 0000063754
Period of Report: 2020-11-30
Reporting Person: Smith Michael R (Executive VP & CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-30 | Options - Right to Buy | $93.49 | A | 234168 | Acquired | Common Stock - Voting (234168) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock - Voting | 66419.336 | Direct |
| Common Stock - Voting | 4441.1782 | Indirect |
| Common Stock - Non Voting | 5995.748 | Direct |
Footnotes
F1: Amounts reported herein reflect the Issuer's 2 for 1 stock split of its common stock and common stock non-voting, effective November 30, 2020.
F2: The option grant 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.