SEC Form 4 · accession 0001140361-15-002196
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kate S Lavelle
Director
Period of report
Jan 16, 2015
Accepted (ET)
Jan 20, 2015 · 4:31 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 Stock | Jan 16, 2015 | M | 2,065 | $0.00 | A | 10,070 | I | By trust |
| Common Stock | Jan 18, 2015 | M | 2,084 | $0.00 | A | 12,154 | I | By trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Jan 16, 2015 | M | 2,065 | D | — | — | Common Stock | 2,065 | 0 | D |
| Restricted Stock UnitsF2 | $0.00 | Jan 18, 2015 | M | 2,084 | D | — | — | Common Stock | 2,084 | 0 | D |
Explanation of responses
- F1Shares vested January 16, 2015 in accordance with the terms of Restricted Stock Units granted January 16, 2014, and were issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions.
- F2Shares vested in accordance with the terms of Restricted Stock Units granted January 18, 2012, providing for vesting of Restricted Stock Units in equal annual installments on each of the first three anniversaries following the date of grant and were issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions.