Roger P. Schrum - Feb 18, 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 18, 2022
Transactions value $
$124,387
Form type
4
Date filed
2/22/2022, 03:16 PM
Previous filing
Feb 14, 2022
Next filing
Mar 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 Phantom Stock Units Award $128K +2.22K +8.2% $57.89 29.3K Feb 18, 2022 Common Stock 2.22K $0.00 Direct F1, F2
transaction SON Phantom Stock Units Tax liability -$4.01K -68 -0.23% $59.01 29.2K Feb 18, 2022 Common Stock 68 $0.00 Direct F1, F3
* 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 Represents performance shares which have vested but receipt of which has been deferred until six months after termination of service.
F3 Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.