THOMAS E. WHIDDON - 02 Jan 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Director
Signature
By: Elizabeth R. Kremer - Power of Attorney for Thomas E. Whiddon
Issuer symbol
SON
Transactions as of
02 Jan 2024
Net transactions value
+$36,251
Form type
4
Filing time
04 Jan 2024, 19:10:47 UTC
Previous filing
12 Dec 2023
Next filing
11 Mar 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SON Phantom Stock Units Award $36,251 +636 +1.2% $56.99 55,898 02 Jan 2024 Common Stock 636 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
F2 The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.