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SONOCO PRODUCTS CO Director's Dealing 2006

Feb 6, 2006

31090_dirs_2006-02-06_583fb664-0718-449e-988a-63279ce1b1fc.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: 2006-02-02

Reporting Person: SMITH EDWARD L (VP-CUSTOMER & BUS DEVELOPMENT)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-02-02 Common Stock M 20000 $19.6875 Acquired 20590.5097 Direct
2006-02-02 Common Stock S 20000 $33 Disposed 590.5097 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-02-02 Non-Qual. Stock Option(right to buy)w/tandem tax w/h right $19.6875 M 20000 Disposed 2010-02-02 Common Stock (20000) Direct
2006-02-02 Phantom Stock Units $ A 2324.3 Acquired Common Stock (2324.3) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 697.83 Indirect

Footnotes

F1: 1-for-1

F2: The reported 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.