SEC Form 4 · accession 0001140361-15-027037
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
Jul 6, 2015
Accepted (ET)
Jul 8, 2015 · 3:20 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 | Jul 6, 2015 | M | 13,287 | $8.74 | A | 109,448 | D | |
| Common StockF2,F1 | Jul 6, 2015 | S | 13,287 | $27.901 | 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 | Jul 6, 2015 | M | 13,287 | D | Jan 14, 2013 | Jan 14, 2017 | Common Stock | 13,287 | 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 $27.765 to $28.10 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.