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SONOCO PRODUCTS CO Director's Dealing 2006

Dec 12, 2006

31090_dirs_2006-12-12_4fe7b0d4-a2e3-4f59-9d1e-8d8a4aa68fa3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SONOCO PRODUCTS CO (SON)
CIK: 0000091767
Period of Report: 2006-12-08

Reporting Person: MAHONEY KEVIN P (VICE PRESIDENT-CORP. PLANNING)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-12-08 Common Stock M 5500 $33.6932 Acquired 5500 Direct
2006-12-08 Common Stock S 5500 $37.65 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-12-08 Dividend Equivalents on Restricted Stock Units $ A 40.1 Acquired Common Stock (40.1) Direct
2006-12-08 Non-Qual. Stock Option(right to buy)w/tandem tax w/h right $33.6932 M 5500 Disposed 2008-02-04 Common Stock (5500) Direct
2006-12-08 Phantom Stock Units $ A 13.5 Acquired Common Stock (13.5) Direct
2006-12-08 Phantom Stock Units $ A 7.569 Acquired Common Stock (7.569) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2025.41 Indirect

Footnotes

F1: 1-for-1

F2: Acquired on quarterly dividend. The rights become exercisable proportionately with the options to which they relate.

F3: Acquired on quarterly dividend on Sonoco Products Company's deferred long term incentive plan and are to be settled upon the reporting person's retirement or other termination of service.

F4: Acquired on quarterly dividend on Sonoco Products Company's excess benefit plan and will be settled upon the reporting person's retirement or other termination of service.