SEC Form 4 · accession 0001225208-17-003280
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
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 7:13 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 10, 2017 | M | 493 | $0.00 | A | 4,304 | D | |
| Common Stock | Feb 10, 2017 | F | 170 | $52.70 | D | 4,134 | D | |
| Common Stock | Feb 11, 2017 | M | 429 | $0.00 | A | 4,563 | D | |
| Common Stock | Feb 11, 2017 | F | 148 | $52.70 | D | 4,415 | D | |
| Common StockF1,F2 | Dec 31, 2016 | J | 55 | $0.00 | D | 0 | I | cus for son |
| Common Stock | holding | — | — | — | 2,673 | I | By 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Feb 10, 2017 | M | 493 | D | Feb 10, 2017 | Feb 10, 2027 | Common Stock | 493 | 1,001 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Feb 11, 2017 | M | 429 | D | Feb 11, 2016 | Feb 11, 2025 | Common Stock | 429 | 442 | D |
Explanation of responses
- F1Children reached majority.
- F2The 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.
- F3Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F4The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.