SEC Form 4 · accession 0001225208-16-026403
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 11, 2016
Accepted (ET)
Feb 16, 2016 · 6:01 am 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 | Feb 11, 2016 | M | 428 | $0.00 | A | 3,394 | D | |
| Common Stock | Feb 11, 2016 | F | 148 | $40.33 | D | 3,246 | 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,F3 | $0.00 | Feb 11, 2016 | M | 428 | D | Feb 11, 2016 | Feb 11, 2025 | Common Stock | 428 | 871 | 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 33%, 33% and 34% per year from date of grant.