SEC Form 4 · accession 0001140361-15-043717
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carolyn C. Cummins
Officer — Vice President
Period of report
Dec 2, 2015
Accepted (ET)
Dec 4, 2015 · 5:02 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 StockF1 | Dec 2, 2015 | M | 14,622 | $10.15 | A | 31,225 | D | |
| Common StockF2,F1 | Dec 2, 2015 | S | 7,874 | $29.7597 | D | 23,351 | D | |
| Common Stock | holding | — | — | — | 226 | I | As guardian for child |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy) | $10.15 | Dec 2, 2015 | M | 6,748 | D | Jan 15, 2012 | Jan 15, 2016 | Common Stock | 6,748 | 0 | D |
| Non-qualified Stock Option (right to buy) | $10.15 | Dec 2, 2015 | M | 7,874 | D | Jan 15, 2012 | Jan 15, 2016 | Common Stock | 7,874 | 0 | D |
Explanation of responses
- F1The total number of shares beneficially owned directly includes 1,361 shares held in the Sonic Corp. Stock Purchase Plan as of December 2, 2015.
- F2This price represents the weighted average sales price. The shares sold at prices ranging from $29.66 to $29.83 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.