SEC Form 4 · accession 0001225208-18-002523
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L. Puechl
Officer — VP Global Flexible Pkg
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 5:00 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 8, 2018 | M | 331 | $0.00 | A | 12,655 | D | |
| Common Stock | Feb 8, 2018 | F | 171 | $50.20 | D | 12,484 | D | |
| Common Stock | Feb 10, 2018 | M | 493 | $0.00 | A | 12,977 | D | |
| Common Stock | Feb 10, 2018 | F | 255 | $49.95 | D | 12,722 | D | |
| Common Stock | Feb 11, 2018 | M | 533 | $0.00 | A | 13,255 | D | |
| Common Stock | Feb 11, 2018 | F | 276 | $49.95 | D | 12,979 | D |
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 | $0.00 | Feb 8, 2018 | M | 331 | D | Feb 8, 2018 | Feb 8, 2027 | Common Stock | 331 | 675 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 10, 2018 | M | 493 | D | Feb 10, 2017 | Feb 10, 2027 | Common Stock | 493 | 508 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Feb 11, 2018 | M | 533 | D | Feb 11, 2016 | Feb 11, 2025 | Common Stock | 533 | 0 | D |
Explanation of responses
- F1Earned 148.8596 DRIP shares in 2017.
- F2Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F3The restricted stock units vest 33%, 33% and 34% per year from date of grant.