Roger P. Schrum - Feb 9, 2022 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
Stock symbol
SON
Transactions as of
Feb 9, 2022
Transactions value $
-$458
Form type
4
Date filed
2/11/2022, 05:34 PM
Previous filing
Dec 14, 2021
Next filing
Feb 14, 2022

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 Restricted Stock Units II Award $0 +242 +13.55% $0.00 2.03K Feb 9, 2022 Common Stock 242 $0.00 Direct F1, F2, F3
transaction SON Restricted Stock Units II Tax liability -$458 -8 -0.39% $57.20 2.02K Feb 9, 2022 Common Stock 8 $0.00 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F2 The restricted stock units vest on 2/03/2014 and deferred. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F3 Vested shares will be paid to the reporting person six months following retirement or termination of service.
F4 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.