SEC Form 4 · accession 0001127602-15-020502
J M SMUCKER Co · SJM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Lemmon
Officer — Vice President
Period of report
Jun 10, 2015
Accepted (ET)
Jun 11, 2015 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091419
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jun 10, 2015 | M | 2,125 | $0.00 | A | 2,125 | D | |
| Common SharesF2 | Jun 10, 2015 | F | 1,063 | $111.58 | D | 1,062 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Jun 10, 2015 | M | 2,125 | D | Jun 10, 2015 | Jun 10, 2015 | Common Shares | 2,125 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | Jun 8, 2016 | Jun 8, 2016 | Common Shares | 1,745 | 1,745 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | Jun 7, 2017 | Jun 7, 2017 | Common Shares | 2,595 | 2,595 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | Jun 6, 2018 | Jun 6, 2018 | Common Shares | 2,189 | 2,189 | D |
Explanation of responses
- F1Restricted stock and restricted stock units granted pursuant to The J. M. Smucker Company 2010 Equity and Incentive Compensation Plan generally become unrestricted upon the fourth anniversary of the grant date. The Plan also provides that restricted stock and restricted stock units will vest immediately when a participant reaches the age of 60 and the participant has at least 10 years of service with the Company. However, beginning with awards made in June 2013, 100% of any such restricted stock unit awards continue to be subject to a 4-year retention period even in the event of retirement.
- F2Smucker common shares withheld by the Company to satisfy tax liability upon the vesting of restricted stock or restricted stock units, pursuant to The J. M. Smucker Company 2010 Equity and Incentive Compensation Plan.
- F3Restricted stock units convert into common stock on a one-for-one basis.