Philippe Guillemot - Jan 2, 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Director
Signature
Elizabeth R Kremer Power of Attorney for Philippe Guillemot
Stock symbol
SON
Transactions as of
Jan 2, 2024
Transactions value $
$36,251
Form type
4
Date filed
1/4/2024, 06:56 PM
Previous filing
Dec 12, 2023
Next filing
Mar 11, 2024

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 $36.3K +636 +3.32% $56.99 19.8K Jan 2, 2024 Common Stock 636 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.