It's a depiction of a can of Spam. The can is made up of a rounded square with a lid on it. The lid has a tab on the right side and the main can has SPAM written on it in the center.
This Spam Can icon is made in Material Design style
developed by Google. This style is based on extremely simplified shapes, thin two-pixel lines, and is optimized for 24x24 px. Unlike other vector icon packs that have merely hundreds of icons, this icon pack contains 5,700 icons, all in the same style and quality.