Ernest D. Haynes - Nov 1, 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Pres. Sonoco Metal Packaging
Signature
By: Elizabeth R. Kremer - Power of Attorney for Ernest D. Haynes
Stock symbol
SON
Transactions as of
Nov 1, 2024
Transactions value $
-$3,478
Form type
4
Date filed
11/5/2024, 05:18 PM
Previous filing
Sep 12, 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 Dividend Equivalents on Restricted Stock Units Tax liability -$409 -8 -1.97% $51.14 399 Nov 1, 2024 Common Stock 8 $0.00 Direct F1, F2
transaction SON Restricted Stock Units Tax liability -$3.07K -60 -3.51% $51.14 1.65K Nov 1, 2024 Common Stock 60 $0.00 Direct F3, F4
* 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 Dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
F3 Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F4 The restricted stock units vest 3 years from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.