SEC Form 4 · accession 0001140361-15-043722
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paige S Bass
Officer — Senior Vice President
Period of report
Dec 2, 2015
Accepted (ET)
Dec 4, 2015 · 5:24 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 StockF2 | Dec 2, 2015 | M | 13,001 | $11.19 | A | 14,808 | D | |
| Common StockF3,F2 | Dec 2, 2015 | S | 13,001 | $29.7613 | D | 1,807 | D | |
| Common Stock | Dec 2, 2015 | M | 6,500 | $11.19 | A | 16,989 | I | By self as trustee of trust |
| Common Stock | Dec 2, 2015 | M | 7,742 | $8.74 | A | 24,731 | I | By self as trustee of trust |
| Common Stock | Dec 3, 2015 | S | 2,455 | $29.75 | D | 22,276 | I | By self as trustee of trust |
| Common StockF1 | holding | — | — | — | 916 | I | By 401(k) |
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) | $11.19 | Dec 2, 2015 | M | 13,001 | D | Jan 6, 2014 | Jan 6, 2018 | Common Stock | 13,001 | 0 | D |
| Incentive stock option (right to buy) | $11.19 | Dec 2, 2015 | M | 6,500 | D | Jan 6, 2014 | Jan 6, 2018 | Common Stock | 6,500 | 0 | D |
| Incentive stock option (right to buy) | $8.74 | Dec 2, 2015 | M | 7,742 | D | Jan 14, 2013 | Jan 14, 2017 | Common Stock | 7,742 | 0 | D |
Explanation of responses
- F1Shares held in the Sonic Corp. 401(k) as of December 2, 2015.
- F2Includes 1,807 shares held in the 1991 Sonic Corp. Stock Purchase Plan as of December 2, 2015.
- F3This price represents the weighted average sales price. The shares sold at prices ranging from $29.65 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.