SEC Form 4 · accession 0001225208-16-027678
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L. Puechl
Officer — VP Global Flexible Pkg
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 7:15 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 | Feb 19, 2016 | A | 1,389 | $40.87 | A | 11,877 | D | |
| Common Stock | Feb 19, 2016 | M | 90 | $0.00 | A | 11,967 | D | |
| Common Stock | Feb 19, 2016 | F | 90 | $42.56 | D | 11,877 | D | |
| Common Stock | Feb 19, 2016 | F | 478 | $40.87 | D | 11,399 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2 | $0.00 | Feb 19, 2016 | A | 2,984 | A | — | — | Common Stock | 2,984 | 2,984 | D |
| Phantom Stock UnitsF3 | $0.00 | Feb 19, 2016 | M | 90 | D | — | — | Common Stock | 90 | 2,894 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2Represents performance shares which have vested but receipt of which has been deferred until six months after termination of service.
- F3Each 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.