Roger P. Schrum - 10 Dec 2021 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
VP Invstr Rel & Corp Affairs
Signature
By: Elizabeth R. Kremer - Power of Attorney for Roger P. Schrum
Issuer symbol
SON
Transactions as of
10 Dec 2021
Net transactions value
+$22,968
Form type
4
Filing time
14 Dec 2021, 17:11:06 UTC
Previous filing
13 Sep 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

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 Award $10,870 +182 +3% $59.89 6,331 10 Dec 2021 Common Stock 182 $0.000000 Direct F1, F2
transaction SON Phantom Stock Units Award $12,098 +202 +0.75% $59.89 27,058 10 Dec 2021 Common Stock 202 $0.000000 Direct F3, F4
* 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 Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
F3 Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
F4 Acquired on quarterly dividend on Sonoco Products Company's officers' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.