Robert R. Hill - Jan 3, 2023 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Director
Signature
By: Elizabeth R Kremer - Power of Attorney for Robert R Hill
Stock symbol
SON
Transactions as of
Jan 3, 2023
Transactions value $
$65,748
Form type
4
Date filed
1/4/2023, 03:09 PM
Previous filing
Jan 4, 2023
Next filing
Jan 25, 2023

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 $65.7K +1.09K +8.2% $60.33 14.4K Jan 3, 2023 Common Stock 1.09K Direct F1, F2
* 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 The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.