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SONOCO PRODUCTS CO Director's Dealing 2016

Feb 24, 2016

31090_dirs_2016-02-23_4d20accc-693c-4062-9bdb-6ccaafcd56de.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: 2016-02-19

Reporting Person: SANDERS MANCIL J (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-19 Common Stock A 9112.0000 $40.8700 Acquired 37508.0000 Direct
2016-02-19 Common Stock M 1279.0000 $0.0000 Acquired 38787.0000 Direct
2016-02-19 Common Stock F 1279.0000 $42.5600 Disposed 37508.0000 Direct
2016-02-19 Common Stock D 9112.0000 $40.8700 Disposed 28396.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-02-19 Phantom Stock Units $0.0000 A 38550.0000 Acquired Common Stock (38550.0000) Direct
2016-02-19 Phantom Stock Units $0.0000 M 1279.0000 Disposed Common Stock (1279.0000) Direct

Footnotes

F1: Pursuant to the company's Clawback Policy, the total performance shares awarded were reduced by these shares to repay incentive compensation clawback as a result of the restatement of financial results in 2015.

F2: Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

F3: Represents performance shares which have vested but receipt of which has been deferred until six months after termination of service.

F4: 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.