SEC Form 4 · accession 0001140361-15-022821
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen C Vaughan
Officer — Exec. Vice Pres. & CFO
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 4:08 pm EDT
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 StockF1 | May 29, 2015 | M | 36,581 | $6.80 | A | 132,742 | D | |
| Common StockF2,F1 | May 29, 2015 | S | 36,581 | $30.2059 | D | 96,161 | D |
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 | May 29, 2015 | M | 36,581 | A | Jan 18, 2015 | Jan 18, 2019 | Common Stock | 36,581 | 0 | D |
Explanation of responses
- F1The total number of shares beneficially owned directly includes 6,209 shares held in the 1991 Sonic Corp. Stock Purchase Plan as of May 29, 2015.
- F2This price represents the weighted average sales price. The shares sold at prices ranging from $30.080 to $30.36 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.