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SONOCO PRODUCTS CO Director's Dealing 2009

Feb 7, 2009

31090_dirs_2009-02-06_b199a97c-5ebf-4060-b71b-7c2ba077d978.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: 2009-02-04

Reporting Person: Coker R. Howard (VP - RIGID PAPER & CLOSURES)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-02-04 Restricted Stock Units $ A 10000 Acquired Common Stock (10000) Direct
2009-02-04 Stock Appreciation Rights $23.69 A 6000 Acquired 2016-02-04 Common Stock (6000) Direct

Footnotes

F1: Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

F2: The reportes restricted stock untis become payable in common stock beginning February 4, 2012 in the amount of 3,333 shares, February 4, 2013 in the amount of 3,333 shares and February 4, 2014 in the amount of 3,334 shares.

F3: The reporting person has until December 31, 2009 to elect to defer payment of the shares until six months after retirement.