Robert R. Dillard - 20 Feb 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Feb 2024, 19:47:55 UTC
Prior SEC filing
15 Feb 2024
Next SEC filing
11 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Elizabeth R. Kremer - Power of Attorney for Robert Dillard

Key filing fact

Robert R. Dillard filed Form 4 for SONOCO PRODUCTS CO (SON) on 22 Feb 2024.

Key facts

  • This page summarizes Robert R. Dillard's Form 4 filing for SONOCO PRODUCTS CO (SON).
  • 4 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 22 Feb 2024, 19:47.

Change

  • Previous filing in this sequence was filed on 15 Feb 2024.
  • Current net transaction value: +$377,588.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SON transaction Derivative

Phantom Stock Units

Award

Transaction value
$389,526
Shares
+6,972
Change %
Price
$55.87
Shares after
6,972
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,972
Exercise price
$0.000000
Footnotes
F1, F2
SON transaction Derivative

Phantom Stock Units

Tax liability

Transaction value
$11,938
Shares
-212
Change %
-3%
Price
$56.31
Shares after
6,760
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
212
Exercise price
$0.000000
Footnotes
F1, F3
SON transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+15,265
Change %
Price
$0.000000
Shares after
15,265
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,265
Exercise price
$0.000000
Footnotes
F4, F5
SON transaction Derivative

Restricted Stock Units II

Award

Transaction value
$0
Shares
+291
Change %
+33%
Price
$0.000000
Shares after
1,168
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
291
Exercise price
$0.000000
Footnotes
F4, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

Footnote F2

Represents performance shares which have vested but receipt of which has been deferred until six months after termination of service.

Footnote 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.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.

Footnote F5

The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.

Footnote F6

The restricted stock units vest on 3/03/2029 and defers. Vested shares will be paid to the reporting person six months following retirement or termination of service.

Footnote F7

Vested shares will be paid to the reporting person six months following retirement or termination of service.

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