R. Robert Dillard - Oct 13, 2023 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Chief Strategy Officer
Signature
By: Elizabeth R. Kremer - Power of Attorney for Robert Dillard
Stock symbol
SON
Transactions as of
Oct 13, 2023
Transactions value $
-$1,797
Form type
4
Date filed
10/17/2023, 12:26 PM
Previous filing
Sep 12, 2023
Next filing
Nov 3, 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 Dividend Equivalents on Restricted Stock Units Tax liability -$159 -3 -0.44% $52.86 675 Oct 13, 2023 Common Stock 3 $0.00 Direct F1, F2, F3
transaction SON Restricted Stock Units Tax liability -$1.64K -31 -1.22% $52.86 2.51K Oct 13, 2023 Common Stock 31 $0.00 Direct 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 Vested shares will be paid to the reporting person six months following retirement or 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.