John M. Florence - 20 Feb 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

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	$1,018,622	+18,232		$55.87	18,232	20 Feb 2024	Common Stock	18,232	$0.000000	Direct	F1, F2
transaction	SON	Phantom Stock Units	Tax liability	$34,800	-618	-3.4%	$56.31	17,614	20 Feb 2024	Common Stock	618	$0.000000	Direct	F1, F3
transaction	SON	Restricted Stock Units	Award	$0	+7,633		$0.000000	7,633	20 Feb 2024	Common Stock	7,633	$0.000000	Direct	F4, F5
transaction	SON	Restricted Stock Units II	Award	$0	+248	+14%	$0.000000	2,063	20 Feb 2024	Common Stock	248	$0.000000	Direct	F4, F6, F7

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

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
F2	Represents performance shares which have vested but receipt of which has been deferred until six months after termination of service.
F3	Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
F4	Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F5	The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
F6	The restricted stock units vest on 12/17/2033 and defer. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F7	Vested shares will be paid to the reporting person six months following retirement or termination of service.