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SONOCO PRODUCTS CO Director's Dealing 2008

Dec 23, 2008

31090_dirs_2008-12-23_1a268185-bbe7-4b38-afec-283f6a0c56da.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: 2008-12-19

Reporting Person: SANDERS MANCIL J (Executive VP - Industrial)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-12-19 Common Stock M 64 Acquired 8995 Direct
2008-12-19 Common Stock M 255 Acquired 9250 Direct
2008-12-19 Common Stock F 319 $24.16 Disposed 8931 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-12-19 Phantom Stock Units $ M 255 Disposed Common Stock (255) Direct
2008-12-19 Restricted Stock $ M 64 Disposed Common Stock (64) Direct

Footnotes

F1: Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.

F2: Each share of Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes