SEC Form 4 · accession 0001225208-18-006952
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Tiede
Officer — President & CEO
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 5:10 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2 | $0.00 | Mar 29, 2018 | A | 291 | A | — | — | Common Stock | 291 | 30,614 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Apr 1, 2018 | A | 41,238 | A | Apr 1, 2023 | — | Common Stock | 41,238 | 41,238 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2The phantom stock units were accrued under the Sonoco Products Company Officers Deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
- F3Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F4The restricted stock units vest on 04/01/2023. Vested shares will be paid to the reporting person six months following retirement or termination of service.