Richard K. Johnson - 25 Mar 2022 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
VP, CIO
Signature
By:Elizabeth R. Kremer-Power of Attorney for Rick Johnson
Issuer symbol
SON
Transactions as of
25 Mar 2022
Net transactions value
-$1,795
Form type
4
Filing time
29 Mar 2022, 12:59:13 UTC
Previous filing
14 Mar 2022
Next filing
13 Jun 2022
SEC
View on sec.gov

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 $186 -3 -0.8% $61.91 370 25 Mar 2022 Common Stock 3 $0.000000 Direct F1, F2
transaction SON Restricted Stock Units Tax liability $1,610 -26 -1% $61.91 2,469 25 Mar 2022 Common Stock 26 $0.000000 Direct F3, F4
* 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 Vested shares will be paid to the reporting person six months following retirement or termination of service.