UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 17, 2008
The J. M. Smucker Company
(Exact Name of Registrant as Specified in Charter)
Ohio 1-5111 34-0538550
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
One Strawberry Lane
Orrville, Ohio 44667-0280
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (330) 682-3000
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers
On June 17, 2008, the Executive Compensation Committee (the
"Committee") of the Board of Directors (the "Board") of The J. M. Smucker
Company (the "Company") established the performance criteria to be used in
determining (i) the number of restricted shares or restricted stock units to be
awarded to executive officers in 2009 under the terms of The J. M. Smucker
Company 2006 Equity Compensation Plan and (ii) the cash awards for which
executive officers would be eligible under the Company's Management Incentive
Plan. Targeted awards for this purpose were set by the Committee based on the
achievement of specified goals relating to non-GAAP earnings per share,
individual performance, and in some instances, business unit performance of the
Company.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE J. M. SMUCKER COMPANY
By: /s/ M. Ann Harlan
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M. Ann Harlan
Vice President, General Counsel,
and Secretary
Date: June 23, 2008