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 | Tax liability | -$170 | -3 | -0.46% | $56.59 | 650 | Mar 1, 2022 | Common Stock | 3 | Direct | F1, F2, F3 | |
transaction | SON | Restricted Stock Units | Tax liability | -$1.75K | -31 | -1.2% | $56.59 | 2.55K | Mar 1, 2022 | Common Stock | 31 | $0.00 | Direct | F4, F5, F6 |
Id | Content |
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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 | Dividend equivalent rights on Restricted Stock will be settled upon the reporting person's retirement or other termination of service. |
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 33%, 33%, 34% per year beginning year 3 from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service. |