SEC Form 4 · accession 0001140361-15-023836
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
Jun 8, 2015
Accepted (ET)
Jun 10, 2015 · 6:28 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 | Jun 8, 2015 | M | 4,192 | $6.80 | A | 100,353 | D | |
| Common StockF1 | Jun 8, 2015 | S | 4,192 | $31.00 | D | 96,161 | D | |
| Common StockF1 | Jun 10, 2015 | M | 22,208 | $11.07 | A | 118,369 | D | |
| Common StockF1 | Jun 10, 2015 | M | 9,795 | $20.58 | A | 128,164 | D | |
| Common StockF2,F1 | Jun 10, 2015 | S | 32,003 | $31.0926 | 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) | $11.07 | Jun 8, 2015 | M | 4,192 | D | Jan 16, 2015 | Jan 16, 2020 | Common Stock | 4,192 | 26,374 | D |
| Non-qualified stock option (right to buy) | $11.07 | Jun 10, 2015 | M | 22,208 | D | Jan 16, 2015 | Jan 16, 2020 | Common Stock | 22,208 | 4,166 | D |
| Non-qualified stock option (right to buy) | $20.58 | Jun 10, 2015 | M | 9,795 | D | Jan 16, 2015 | Jan 16, 2021 | Common Stock | 9,795 | 14,732 | 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 $31.00 to $31.28 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.