SEC Form 4 · accession 0001225208-16-026385
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A. Harrell III
Officer — VP GLOB Tubes and Cores OPS
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 6:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091767
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 2,966 | D | ||
| Common Stock | holding | — | — | — | 2,673 | I | By 401k | |
| Common StockF1 | holding | — | — | — | 55 | I | cus for son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Feb 10, 2016 | A | 1,494 | A | Feb 10, 2017 | Feb 10, 2027 | Common Stock | 1,494 | 1,494 | D |
| Restricted Stock Units IIF2,F3,F4 | $0.00 | Feb 10, 2016 | A | 432 | A | Dec 31, 2016 | — | Common Stock | 432 | 2,502 | D |
| Stock Appreciation Right | $40.41 | Feb 10, 2016 | A | 11,161 | A | Feb 10, 2017 | Feb 10, 2026 | Common Stock | 11,161 | 11,161 | D |
Explanation of responses
- F1The reporting person no longer has a reportable beneficial interest in 55 shares of Sonoco common stock owned by his first son and included in the reporting person's prior ownership reports.
- F2Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F3The restricted stock units vest on 12/31/16. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- F4Vested shares will be paid to the reporting person six months following retirement or termination of service.