Jeffrey S. Tomaszewski - 01 Nov 2023 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Signature
By Elizabeth R. Kremer-Power of Attorney for Jeffrey S. Tomaszewski
Issuer symbol
SON
Transactions as of
01 Nov 2023
Net transactions value
-$3,738
Form type
4
Filing time
03 Nov 2023, 16:27:11 UTC
Previous filing
12 Sep 2023
Next filing
12 Dec 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 $488 -9 -1.2% $54.17 746 01 Nov 2023 Common Stock 9 $0.000000 Direct F1, F2, F3
transaction SON Restricted Stock Units Tax liability $3,250 -60 -1.2% $54.17 5,077 01 Nov 2023 Common Stock 60 $0.000000 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.