AI assistant
SONOCO PRODUCTS CO — Director's Dealing 2016
Feb 13, 2016
31090_dirs_2016-02-12_0dd51e1c-ebf8-4a88-8abd-da227104e7c6.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SONOCO PRODUCTS CO (SON)
CIK: 0000091767
Period of Report: 2016-02-10
Reporting Person: Tiede Robert C (SVP-GLOB Consumer Pkg&Svc)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-10 | Restricted Stock Units | $0.0000 | A | 8628.0000 | Acquired | 2027-02-10 | Common Stock (8628.0000) | Direct |
| 2016-02-10 | Restricted Stock Units II | $0.0000 | A | 590.0000 | Acquired | Common Stock (590.0000) | Direct | |
| 2016-02-10 | Restricted Stock Units II | $0.0000 | F | 19.0000 | Disposed | Common Stock (19.0000) | Direct | |
| 2016-02-10 | Stock Appreciation Right | $40.4100 | A | 64485.0000 | Acquired | 2026-02-10 | Common Stock (64485.0000) | Direct |
| 2016-02-11 | Phantom Stock Units | $0.0000 | A | 1499.1000 | Acquired | Common Stock (1499.1000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F2: The restricted stock units vested immediately. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F3: Vested shares will be paid to the reporting person six months following retirement or termination of service.
F4: 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.
F5: Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
F6: The 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.