SEC Form 4 · accession 0001225208-18-002497
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 8, 2018
Accepted (ET)
Feb 12, 2018 · 4:18 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 8, 2018 | M | 320 | $0.00 | A | 349 | D | |
| Common Stock | Feb 8, 2018 | F | 118 | $50.20 | D | 231 | D | |
| Common StockF1 | Feb 10, 2018 | M | 50 | $0.00 | A | 281 | D | |
| Common Stock | Feb 10, 2018 | F | 19 | $49.95 | D | 262 | D | |
| Common Stock | holding | — | — | — | 20 | 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 | $0.00 | Feb 8, 2018 | M | 320 | D | Feb 8, 2018 | Feb 8, 2027 | Common Stock | 320 | 651 | D |
| Restricted Stock UnitsF1,F2 | — | Feb 10, 2018 | M | 50 | D | Feb 10, 2017 | Feb 11, 2019 | Common Stock | 50 | 51 | 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 33%, 33% and 34% per year from date of grant.