Robert R. Dillard - 13 Feb 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role: Chief Strategy Officer
Signature: By: Elizabeth R. Kremer - Power of Attorney for Robert Dillard
Issuer symbol: SON
Transactions as of: 13 Feb 2024
Net transactions value: -$65,266
Form type: 4
Filing time: 15 Feb 2024, 18:25:53 UTC
Previous filing: 13 Feb 2024
Next filing: 22 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SON	Common Stock	Options Exercise	$0	+3,484	+41%	$0.000000	11,909	13 Feb 2024	Direct
transaction	SON	Common Stock	Tax liability	$65,266	-1,173	-9.8%	$55.64	10,736	13 Feb 2024	Direct
holding	SON	Common Stock						55	13 Feb 2024	By 401k

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	Restricted Stock Units	Options Exercise	$0	-3,484	-33%	$0.000000	7,074	13 Feb 2024	Common Stock	3,484	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units vest 33%, 33%, 34% per year beginning one year from date of grant.