John M. Florence - Mar 8, 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
VP, Gnl Council, Secy, CHRO
Signature
By:Elizabeth R Kremer - Power of Attorney for John M. Florence
Stock symbol
SON
Transactions as of
Mar 8, 2024
Transactions value $
$20,068
Form type
4
Date filed
3/11/2024, 08:16 PM
Previous filing
Feb 22, 2024
Next filing
Jun 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 Award $11.1K +193 +11.35% $57.55 1.89K Mar 8, 2024 Common Stock 193 $0.00 Direct F1, F2
transaction SON Phantom Stock Units Award $8.98K +156 +0.89% $57.55 17.8K Mar 8, 2024 Common Stock 156 $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 Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
F3 Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
F4 Acquired on quarterly dividend on Sonoco Products Company's officers' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.