SEC Form 4 · accession 0001225208-19-002725
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie C Albrecht
Officer — VP, Treasurer/Assistant CFO
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 3:17 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 14, 2019 | M | 690 | $0.00 | A | 690 | D | |
| Common Stock | Feb 14, 2019 | F | 217 | $60.16 | D | 473 | 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 UnitsF1,F2 | $0.00 | Feb 13, 2019 | A | 3,473 | A | Feb 13, 2020 | Feb 13, 2029 | Common Stock | 3,473 | 3,473 | D |
| Stock Appreciation RightF3 | $60.77 | Feb 13, 2019 | A | 24,097 | A | Feb 13, 2020 | Feb 13, 2029 | Common Stock | 24,097 | 24,097 | D |
| Restricted Stock Units | $0.00 | Feb 14, 2019 | M | 690 | D | Feb 14, 2019 | Feb 14, 2028 | Common Stock | 690 | 1,403 | 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%.
- F3SAR units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.