SEC Form 4 · accession 0001225208-19-002726
SONOCO PRODUCTS CO · SON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Howard Coker
Officer — SVP Rigid Paper/E Carriers Int
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 3:29 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 | 1,268 | $0.00 | A | 176,689 | D | |
| Common Stock | Feb 14, 2019 | F | 398 | $60.16 | D | 176,291 | D | |
| Common Stock | holding | — | — | — | 17,874 | I | By Spouse | |
| Common Stock | holding | — | — | — | 3,604 | I | By Spouse and Daughter Joint | |
| Common Stock | holding | — | — | — | 7,382 | I | by trust for son | |
| Common Stock | holding | — | — | — | 8,578 | I | trust for daughter 1 | |
| Common Stock | holding | — | — | — | 8,870 | I | trust for daughter 2 |
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 | 4,342 | A | Feb 13, 2020 | Feb 13, 2029 | Common Stock | 4,342 | 4,342 | D |
| Restricted Stock Units IIF1,F3,F4 | $0.00 | Feb 13, 2019 | A | 428 | A | Apr 30, 2017 | — | Common Stock | 428 | 4,434 | D |
| Restricted Stock Units IIF1,F3,F4 | $0.00 | Feb 13, 2019 | F | 15 | D | Apr 30, 2017 | — | Common Stock | 15 | 4,419 | D |
| Stock Appreciation RightF5 | $60.77 | Feb 13, 2019 | A | 30,121 | A | Feb 13, 2020 | Feb 13, 2029 | Common Stock | 30,121 | 30,121 | D |
| Restricted Stock Units | $0.00 | Feb 14, 2019 | M | 1,268 | D | Feb 14, 2019 | Feb 14, 2028 | Common Stock | 1,268 | 2,577 | 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%.
- F3The restricted stock units vest on 04/30/2017. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- F4The restricted stock units vest on 4/30/2017. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- F5SAR units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.