SEC Form 4 · accession 0001225208-16-026390
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mancil J Sanders
Officer — President & CEO · Director
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 6:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000091767
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Feb 10, 2016 | A | 29,865 | A | Feb 10, 2017 | — | Common Stock | 29,865 | 29,865 | D |
| Stock Appreciation Right | $40.41 | Feb 10, 2016 | A | 223,215 | A | Feb 10, 2017 | Feb 10, 2026 | Common Stock | 223,215 | 223,215 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2The 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.