SEC Form 4 · accession 0001140361-15-002593
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kate S Lavelle
Director
Period of report
Jan 22, 2015
Accepted (ET)
Jan 23, 2015 · 4:17 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 22, 2015 | M | 5,013 | $6.80 | A | 5,013 | D | |
| Common StockF1 | Jan 22, 2015 | S | 5,013 | $31.025 | D | 0 | D | |
| Common Stock | holding | — | — | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (right to buy) | $6.80 | Jan 22, 2015 | M | 5,013 | D | Jan 18, 2015 | Jan 18, 2019 | Common Stock | 5,013 | 0 | D |
Explanation of responses
- F1This price represents the weighted average sales price. The shares sold at prices ranging from $31.00 to $31.0520 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.