Tiede Robert C 4
4 · SONOCO PRODUCTS CO · Filed Oct 1, 2019
Insider Transaction Report
Form 4
Tiede Robert C
VP - FLEXIBLE PACKAGING
Transactions
- Award
Phantom Stock Units
2019-09-30$58.21/sh+574.7$33,453→ 45,475.3 totalExercise: $0.00→ Common Stock (574.7 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
- [F2]The phantom stock units were accrued under the Sonoco Products Company Officers Deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.