SEC Form 4 · accession 0001225208-17-003271
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Florence
Officer — VP, Gnl Council, Secretary
Period of report
Feb 11, 2017
Accepted (ET)
Feb 14, 2017 · 6:40 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 StockF1 | Feb 11, 2017 | M | 49 | $0.00 | A | 49 | D | |
| Common Stock | Feb 11, 2017 | F | 20 | $52.70 | D | 29 | D | |
| Common StockF2 | holding | — | — | — | 95 | I | By Spouse |
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,F3 | — | Feb 11, 2017 | M | 49 | D | Feb 10, 2017 | Feb 11, 2019 | Common Stock | 49 | 101 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2DRIP shares owned by spouse earned .6463 share in 2016.
- F3The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.