John M. Florence - Feb 21, 2025 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Gnl Council, Secy, VP
Signature
By:Elizabeth R Kremer - Power of Attorney for John M. Florence
Stock symbol
SON
Transactions as of
Feb 21, 2025
Transactions value $
$0
Form type
4
Date filed
2/25/2025, 07:12 PM
Previous filing
Feb 24, 2025
Next filing
Mar 12, 2025
SEC
View on sec.gov

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 Restricted Stock Units Award $0 +9.34K $0.00 9.34K Feb 21, 2025 Common Stock 9.34K $0.00 Direct F1, F2
transaction SON Restricted Stock Units II Award $0 +539 +26.13% $0.00 2.6K Feb 21, 2025 Common Stock 539 $0.00 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 12/17/2033 and will be 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.