Marcy J. Thompson - Feb 9, 2022 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
VP,Marketing&Innovations
Signature
By:Elizabeth R. Kremer - Power of Attorney for Marcy J. Thompson
Stock symbol
SON
Transactions as of
Feb 9, 2022
Transactions value $
-$686
Form type
4
Date filed
2/11/2022, 05:38 PM
Previous 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 Restricted Stock Units II Award $0 +329 +24.85% $0.00 1.65K Feb 9, 2022 Common Stock 329 $0.00 Direct F1, F2, F3
transaction SON Restricted Stock Units II Tax liability -$686 -12 -0.73% $57.20 1.64K Feb 9, 2022 Common Stock 12 $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 7/07/2016 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.