SEC Form 4 · accession 0001225208-17-000683
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A. Harrell III
Officer — VP Tubes,Cores USA,CND
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:16 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalents on Restricted Stock UnitsF1,F2 | — | Jan 3, 2017 | D | 11 | D | — | — | Common Stock | 11 | 2,366 | D |
| Restricted Stock Units IIF3,F4,F5 | $0.00 | Jan 3, 2017 | D | 78 | D | Dec 31, 2016 | — | Common Stock | 78 | 2,424 | D |
Explanation of responses
- F1Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2Each share of Dividend Equivalents on Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
- F3Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F4The restricted stock units vest on 1/03/2017. Vested shares are deferred and will be paid to the reporting person six months following retirement or termination of service.
- F5Each share of Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.