Sarah Piper Form 3 MCCORMICK & CO / Sarah Piper ownership change

SEC Form 3

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 5 (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).
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