Eleni Istavridis - Jul 1, 2021 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Director
Signature
By: Elizabeth R. Kremer - Power of Attorney for Eleni Istavridis
Stock symbol
SON
Transactions as of
Jul 1, 2021
Transactions value $
$32,500
Form type
4
Date filed
7/6/2021, 10:20 AM
Previous filing
Jun 14, 2021
Next filing
Sep 13, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SON Phantom Stock Units Award $32.5K +487 +45.32% $66.68 1.56K Jul 1, 2021 Common Stock 487 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
F2 The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.