Dillard Robert R 4
4 · SONOCO PRODUCTS CO · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Dillard Robert R
VP/Strategy & Corp Development
Transactions
- Tax Payment
Phantom Stock Units
2024-02-20$56.31/sh−212$11,938→ 6,760 totalExercise: $0.00→ Common Stock (212 underlying) - Award
Restricted Stock Units
2024-02-20+15,265→ 15,265 totalExercise: $0.00From: 2025-02-20→ Common Stock (15,265 underlying) - Award
Phantom Stock Units
2024-02-20$55.87/sh+6,972$389,526→ 6,972 totalExercise: $0.00→ Common Stock (6,972 underlying) - Award
Restricted Stock Units II
2024-02-20+291→ 1,168 totalExercise: $0.00→ Common Stock (291 underlying)
Footnotes (7)
- [F1]Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- [F2]Represents performance shares which have vested but receipt of which has been deferred until six months after termination of service.
- [F3]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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- [F5]The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
- [F6]The restricted stock units vest on 3/03/2029 and defers. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- [F7]Vested shares will be paid to the reporting person six months following retirement or termination of service.