Richard G. Kyle - 03 Apr 2023 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Director
Signature
By: Elizabeth R. Kremer - Power of Attorney for Richard G. Kyle
Issuer symbol
SON
Transactions as of
03 Apr 2023
Transactions value $
$36,250
Form type
4
Filing time
04 Apr 2023, 17:33:48 UTC
Previous filing
14 Mar 2023
Next filing
11 May 2023
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 Phantom Stock Units Award $36.2K +597 +3.33% $60.75 18.5K 03 Apr 2023 Common Stock 597 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.