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SONOCO PRODUCTS CO — Director's Dealing 2017
Feb 15, 2017
31090_dirs_2017-02-14_40fa3b79-39bd-4678-a0bf-8ad0faca59ce.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: 2017-02-10
Reporting Person: Thompson Marcy J (VP,Marketing&Innovations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-11 | Common Stock | M | 450.0000 | $0.0000 | Acquired | 7040.0000 | Direct |
| 2017-02-11 | Common Stock | F | 179.0000 | $52.7000 | Disposed | 6861.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-10 | Restricted Stock Units | $0.0000 | F | 45.0000 | Disposed | 2027-02-10 | Common Stock (45.0000) | Direct |
| 2017-02-11 | Restricted Stock Units | $0.0000 | M | 450.0000 | Disposed | 2025-02-11 | Common Stock (450.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 124.9592 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
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.
F3: The restricted stock units vest 33%, 33%, 34% per year beginning one year from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F4: The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.