SEC Form 4 · accession 0001225208-17-003289
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry L Saunders
Officer — Sr VP, CFO
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 7:37 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 | 2,409 | $0.00 | A | 26,853 | D | |
| Common Stock | Feb 10, 2017 | F | 822 | $52.70 | D | 26,031 | D | |
| Common Stock | Feb 11, 2017 | M | 2,067 | $0.00 | A | 28,098 | D | |
| Common Stock | Feb 11, 2017 | F | 711 | $52.70 | D | 27,387 | D | |
| Common Stock | holding | — | — | — | 638 | I | by 401k plan |
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,F2 | $0.00 | Feb 10, 2017 | M | 2,409 | D | Feb 10, 2017 | Feb 10, 2027 | Common Stock | 2,409 | 4,892 | D |
| Restricted Stock UnitsF1,F2 | $0.00 | Feb 11, 2017 | M | 2,067 | D | Feb 11, 2016 | Feb 11, 2025 | Common Stock | 2,067 | 2,130 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.