Julie C. Albrecht - Mar 20, 2022 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
VP, CFO
Signature
By:Elizabeth R. Kremer-Power of Attorney for Julie C. Albrecht
Stock symbol
SON
Transactions as of
Mar 20, 2022
Transactions value $
-$2,240
Form type
4
Date filed
3/21/2022, 03:31 PM
Previous filing
Mar 14, 2022
Next filing
Apr 26, 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 Dividend Equivalents on Restricted Stock Units Tax liability -$354 -6 -0.85% $58.96 702 Mar 20, 2022 Common Stock 6 Direct F1, F2
transaction SON Restricted Stock Units Tax liability -$1.89K -32 -1.19% $58.96 2.65K Mar 20, 2022 Common Stock 32 Direct F3, F4, F5
* 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 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 Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F4 The restricted stock units vest beginning three years from date of grant in three annual installments.
F5 The restricted stock units vest beginning three years from date of grant in three annual installments. Vested shares will be paid to the reporting person six months following retirement or termination of service.