John M. Florence - Nov 1, 2021 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
VP, Gnl Council, Secretary
Signature
By:Elizabeth R Kremer - Power of Attorney for John M. Florence
Stock symbol
SON
Transactions as of
Nov 1, 2021
Transactions value $
-$4,036
Form type
4
Date filed
11/2/2021, 03:11 PM
Previous filing
Sep 13, 2021
Next filing
Dec 14, 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 Dividend Equivalents on Restricted Stock Units Disposed to Issuer -$409 -7 -0.88% $58.49 792 Nov 1, 2021 Common Stock 7 $0.00 Direct F1, F2, F3
transaction SON Restricted Stock Units Disposed to Issuer -$3.63K -62 -3.08% $58.49 1.95K Nov 1, 2021 Common Stock 62 $0.00 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
F2 Each share of Dividend Equivalents on Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
F3 Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock and will be paid out 6 months after separation from the Company.
F4 Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F5 Each share of Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
F6 The restricted stock units vest 3 years from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.