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SONOCO PRODUCTS CO — Director's Dealing 2017
Feb 11, 2017
31090_dirs_2017-02-10_8682b2ed-4d51-417f-8ef3-83737296b469.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: 2017-02-08
Reporting Person: Thompson Marcy J (VP,Marketing&Innovations)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-08 | Restricted Stock Units | $0.0000 | A | 849.0000 | Acquired | 2027-02-08 | Common Stock (849.0000) | Direct |
| 2017-02-08 | Restricted Stock Units II | $0.0000 | A | 256.0000 | Acquired | Common Stock (256.0000) | Direct | |
| 2017-02-08 | Restricted Stock Units II | $0.0000 | F | 30.0000 | Disposed | Common Stock (30.0000) | Direct | |
| 2017-02-08 | Stock Appreciation Right | $54.4600 | A | 6002.0000 | Acquired | 2027-02-08 | Common Stock (6002.0000) | 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 vest beginning one year from date of grant in three annual installments of 33%, 33%, 34% per year. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F3: The restricted stock units vested immediately. 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: SAR units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.