SEC Form 4 · accession 0001140361-15-026027
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen C Vaughan
Officer — Former Executive Vice Pres.
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 2:39 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 26, 2015 | M | 3,300 | $8.74 | A | 99,461 | D | |
| Common StockF2,F1 | Jun 26, 2015 | S | 3,300 | $30.0261 | D | 96,161 | D | |
| Common StockF1 | Jun 29, 2015 | M | 12,920 | $8.74 | A | 109,081 | D | |
| Common StockF3,F1 | Jun 29, 2015 | S | 12,920 | $29.1501 | 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) | $8.74 | Jun 26, 2015 | M | 3,300 | D | Jan 14, 2013 | Jan 14, 2017 | Common Stock | 3,300 | 47,468 | D |
| Non-qualified stock option (right to buy) | $8.74 | Jun 29, 2015 | M | 12,920 | D | Jan 14, 2013 | Jan 14, 2017 | Common Stock | 12,920 | 34,548 | 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 $30.00 to $30.13 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
- F3This price represents the weighted average sales price. The shares sold at prices ranging from $29.02 to 29.24 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.