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SONOCO PRODUCTS CO — Director's Dealing 2021
Feb 12, 2021
31090_dirs_2021-02-12_2299a7b1-e922-46fa-85cd-2fcaf1aaf9a0.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: 2021-02-10
Reporting Person: SCHRUM ROGER P (VP Invstr Rel & Corp Affairs)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-10 | Restricted Stock Units | $0.0000 | A | 2252.0000 | Acquired | 2035-02-10 | Common Stock (2252.0000) | Direct |
| 2021-02-10 | Restricted Stock Units II | $0.0000 | A | 197.0000 | Acquired | Common Stock (197.0000) | Direct | |
| 2021-02-10 | Restricted Stock Units II | $0.0000 | F | 7.0000 | Disposed | Common Stock (7.0000) | 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% and 34%.
F3: The restricted stock units vest on 2/03/2014 and deferred. Vested shares will be paid to the reporting person six months following retirement or termination of service.
F4: Vested shares will be paid to the reporting person six months following retirement or termination of service.
F5: 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.