James A. Harrell III - 21 Feb 2025 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Pres. Global Ind. Paper Pkg.
Signature
By: Elizabeth R. Kremer - Power of Attorney for James A. Harrell, III
Issuer symbol
SON
Transactions as of
21 Feb 2025
Net transactions value
-$1,030
Form type
4
Filing time
25 Feb 2025, 19:25:40 UTC
Previous filing
24 Feb 2025
Next filing
12 Mar 2025
SEC
View on sec.gov

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 Award $0 +7,468 $0.000000 7,468 21 Feb 2025 Common Stock 7,468 $0.000000 Direct F1, F2
transaction SON Restricted Stock Units II Award $0 +601 +24% $0.000000 3,146 21 Feb 2025 Common Stock 601 $0.000000 Direct F1, F3, F4
transaction SON Restricted Stock Units II Tax liability $1,030 -22 -0.7% $46.83 3,124 21 Feb 2025 Common Stock 22 $0.000000 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F2 The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
F3 The restricted stock units vest and defer. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F4 Vested shares will be paid to the reporting person six months following retirement or termination of service.
F5 Each share of Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.