UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
McCORMICK & COMPANY, INCORPORATED
(Name of Issuer)
Common Stock
(Title of Class of Securities)
579780206
(CUSIP Number)
Jeffery D. Schwartz
c/o McCormick & Company, Incorporated
24 Schilling Road, Suite 1
Hunt Valley, Maryland 21031
(410) 771-7301
with a copy to:
C. Alex Bahn
Wilmer Cutler Pickering Hale and Dorr LLP
2100 Pennsylvania Avenue, NW
Washington, DC 20037
202-663-6198
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 10, 2023
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP NO. 579780206 | SCHEDULE 13D |
1 |
NAMES OF REPORTING PERSONS
Lawrence E. Kurzius | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (See Instructions)
PF/OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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6 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER *
1,766,182 | ||||
8 | SHARED VOTING POWER *
-0- | |||||
9 | SOLE DISPOSITIVE POWER *
1,766,182 | |||||
10 | SHARED DISPOSITIVE POWER *
-0- |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,766,182 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) *
9.4%1 | |||||
14 | TYPE OF REPORTING PERSON (See Instructions)
IN |
* | See Item 5. |
Explanatory Note
This Amendment No. 3 (the Amendment) amends and supplements the Schedule 13D (the Initial Schedule 13D) originally filed with the Securities and Exchange Commission (the Commission) on January 29, 2020, by Lawrence E. Kurzius (the Reporting Person), as amended by Amendments No. 1 and No. 2 to Schedule 13D filed with the Commission on February 10, 2021 and February 16, 2022, respectively. Capitalized terms used but not otherwise defined in this Amendment shall have the meanings ascribed to such terms in the Schedule 13D. Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.
1 | Based on (i) 17,380,371 shares of Common Stock outstanding as of December 30, 2022 as reported in the Issuers Form 10-K filed on January 26, 2023 plus (ii) 1,407,025 shares that may become issuable upon the exercise of stock options held by the Reporting Person (including stock options that would become immediately exercisable upon a qualifying retirement) and shares of Common Stock held in a trust controlled by an independent trustee which the Reporting Person may reacquire within 60 days. |
Item 2. Identity and Background
(c) The Reporting Persons present principal occupation is Chairman of the Board and Chief Executive Officer of the Issuer.
Item 5. Interest in Securities of the Issuer
(a) | As of the date hereof, the Reporting Person beneficially owns, in aggregate, 1,766,182 shares of Common Stock, representing 9.4% of the Issuers outstanding shares of Common Stock. The Reporting Persons beneficial ownership includes 1,407,025 shares of Common Stock that may be acquired within 60 days of the date hereof pursuant to the exercise of vested stock options (including stock options that would become immediately exercisable upon a qualifying retirement) and shares of Common Stock held in a trust controlled by an independent trustee which the Reporting Person may reacquire within 60 days. |
(b) | Number of shares to which such person has: |
(i) | Sole power to vote or direct the vote: 1,766,182 |
(ii) | Shared power to vote or direct the vote: -0- |
(iii) | Sole power to dispose or direct the disposition: 1,766,182 |
(iv) | Shared power to dispose or direct the disposition: -0- |
(c) | The Reporting Person has effected no transactions in the Common Stock within the past sixty days, except as previously reported on Forms 4 filed with the Commission as follows: (i) on January 9, 2023, the Reporting Person acquired 138.805 shares of Common Stock underlying phantom stock in the Issuers deferred compensation program, and (ii) on January 23, 2023, the Issuer awarded the Reporting Person 57,066 shares of Common Stock pursuant to the Issuers Long-Term Incentive Program (LTIP) for the three year performance cycle beginning on December 1, 2019 and ending on November 30, 2022. |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 10, 2023
Lawrence E. Kurzius | ||
By: | /s/ Lawrence E. Kurzius |