SEC Form 4 · accession 0001127602-17-021369
J M SMUCKER Co · SJM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Lemmon
Officer — President, Canada
Period of report
Jun 7, 2017
Accepted (ET)
Jun 13, 2017 · 5:40 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,F2 | Jun 7, 2017 | M | 2,595 | $0.00 | A | 2,595 | D | |
| Common SharesF3 | Jun 7, 2017 | F | 1,390 | $130.16 | D | 1,205 | 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 UnitsF2 | $0.00 | Jun 7, 2017 | M | 2,595 | D | Jun 7, 2017 | Jun 7, 2017 | Common Shares | 2,595 | 2,595 | D |
| Restricted Stock Units | $0.00 | holding | — | — | — | Jun 6, 2018 | Jun 6, 2018 | Common Shares | 2,189 | 2,189 | D |
| Restricted Stock Units | $0.00 | holding | — | — | — | Jun 12, 2019 | Jun 12, 2019 | Common Shares | 1,303 | 1,303 | D |
| Restricted Stock Units | $0.00 | holding | — | — | — | Jun 8, 2020 | Jun 8, 2020 | Common Shares | 2,380 | 2,380 | D |
| Restricted Stock Units | $0.00 | holding | — | — | — | Sep 1, 2026 | Sep 1, 2026 | Common Shares | 1,900 | 1,900 | 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, although 50% of any such restricted stock awards continue to be subject to a 4-year retention period even in the event of retirement.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3Smucker 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.