SEC Form 4 · accession 0001225208-17-003288
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mancil J Sanders
Officer — President & CEO · Director
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 7:36 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | $0.00 | Feb 10, 2017 | F | 307 | D | Feb 10, 2017 | — | Common Stock | 307 | 29,558 | D |
| Restricted Stock UnitsF2,F1,F3 | $0.00 | Feb 11, 2017 | F | 257 | D | Feb 11, 2016 | Feb 11, 2025 | Common Stock | 257 | 21,112 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2Each 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.
- F3The restricted stock units vest 33%, 33%, 34% per year beginning one year from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.