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SONOCO PRODUCTS CO — Director's Dealing 2009
Dec 15, 2009
31090_dirs_2009-12-14_1d904b4c-dd72-4678-8682-954812af6ce6.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: 2009-12-10
Reporting Person: Fuller Rodger D (VP GLOBAL RIGID PAPER&CLOSURE)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-12-10 | Dividend Equivalents on Restricted Stock Units | $ | A | 35.8 | Acquired | Common Stock (35.8) | Direct |
Footnotes
F1: Settlement of dividend equivalent rights in connection with conversation of derivative security and subsequent issuance of shares. The rights accrued when and as dividends were paid on Sonoco Products Company common stock and become payable proportionately with the Restricted Stock Units to when they relate.
F2: The dividend equivalent rights become exercisable appropriately with the options to which it is related. Each dividend equivalent right is the economic equivalent of one share of Sonoco Products Company common stock.