THOMAS E. WHIDDON - 10 Sep 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Director
Signature
By: Elizabeth R. Kremer - Power of Attorney for Thomas E. Whiddon
Issuer symbol
SON
Transactions as of
10 Sep 2024
Net transactions value
+$66,535
Form type
4
Filing time
03 Oct 2024, 19:16:00 UTC
Previous filing
03 Jul 2024
Next filing
12 Dec 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 $30,288 +558 +0.96% $54.24 58,803 10 Sep 2024 Common Stock 558 Direct F1, F2
transaction SON Phantom Stock Units Award $36,248 +667 +1.1% $54.32 59,470 01 Oct 2024 Common Stock 667 Direct F1, F3
* 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 Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
F3 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.