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Form 3 MCCORMICK & CO INC For: Dec 01 Filed by: Piper Sarah

December 8, 2022 2:09 PM EST

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FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Piper Sarah

(Last) (First) (Middle)
24 SCHILLING ROAD
SUITE 1

(Street)
HUNT VALLEY MD 21031

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2022
3. Issuer Name and Ticker or Trading Symbol
MCCORMICK & CO INC [ MKC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Human Relations Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options - Right to Buy 03/29/2018 (1) 03/28/2027 Common Stock - Voting 1,724 49.025 D  
Options- Right to Buy 03/28/2019 (1) 03/27/2028 Common Stock - Voting 2,464 52.975 D  
Options - Right to Buy 03/27/2020 (1) 03/27/2029 Common Stock - Voting 1,818 73.695 D  
Options - Right to Buy 04/01/2021 (1) 04/01/2030 Common Stock - Voting 3,770 69.31 D  
Options - Right to Buy 03/31/2022 (1) 03/31/2031 Common Stock - Voting 2,179 89.16 D  
Options - Right to Buy 03/30/2023 (1) 03/30/2032 Common Stock - Voting 2,711 97.26 D  
Options - Right to Buy 11/30/2020 (2) 11/30/2030 Common Stock - Voting 17,032 93.49 D  
Restricted Stock Units 04/01/2021 (3) 04/01/2023 Common Stock - Voting 252 0 D  
Restricted Stock Units 03/31/2022 (4) 03/31/2024 Common Stock - Voting 309 0 D  
Restricted Stock Units 03/30/2023 (5) 03/30/2025 Common Stock - Voting 636 0 D  
Explanation of Responses:
1. The option grant becomes exercisable in thirds of each of the first three (3) grant anniversaries.
2. 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 performance requirements must be met for the portion of the grant to become exercisable.
3. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2021, March 15, 2022 and March 15, 2023.
4. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2022, March 15, 2023 and March 15, 2024.
5. The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2023, March 15, 2024 and March 15, 2025.
Jason E. Wynn, Attorney-in-fact 12/08/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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