SEC Form 4 · accession 0001140361-15-002011
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Clifford Hudson
Officer — Chief Executive Officer · Director
Period of report
Jan 14, 2015
Accepted (ET)
Jan 16, 2015 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000868611
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 14, 2015 | S | 141,521 | $31.5783 | D | 39,500 | I | By self as trustee of trust |
| Common Stock | Jan 14, 2015 | S | 48,479 | $31.548 | D | 215,598 | I | By spouse as trustee of trust |
| Common Stock | holding | — | — | — | 9,855 | I | Trustee of son's trust | |
| Common StockF1 | holding | — | — | — | 105,000 | I | By family owned LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person owns 21% of the family limited liability company and disclaims beneficial ownership of the issuer's shares held by the family limited liability company except to the extent of his pecuniary interest.
- F2This price represents the weighted average sales price. The shares sold at prices ranging from $31.5492 to $31.6478 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.