SEC Form 4 · accession 0001140361-16-061282

SONIC CORP · SONC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior Vice President

Period of report

Apr 13, 2016

Accepted (ET)

Apr 15, 2016 · 4:12 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 Stock^F2	Apr 13, 2016	M	13,000	$6.80	A	15,087	D
Common Stock^F3,F2	Apr 13, 2016	S	13,000	$35.0768	D	2,087	D
Common Stock^F4	Apr 13, 2016	S	4,800	$35.36	D	17,476	I	By self as trustee of trust
Common Stock	Apr 13, 2016	M	14,979	$6.80	A	32,455	I	By self as trustee of trust
Common Stock^F1	holding	—	—		—	913	I	By 401(k)

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)	$6.80	Apr 13, 2016	M	13,000	D	Jan 18, 2015	Jan 18, 2019	Common Stock	13,000	4,932	D
Incentive stock option (right to buy)	$6.80	Apr 13, 2016	M	14,979	D	Jan 18, 2015	Jan 18, 2019	Common Stock	14,979	0	D

F1Shares held in the Sonic Corp. 401(k) as of April 13, 2016.
F2Includes 2,087 shares held in the 1991 Sonic Corp. Stock Purchase Plan as of April 13, 2016.
F3This price represents the weighted average sales price. The shares sold at prices ranging from $34.88 to $35.51 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
F4This price represents the weighted average sales price. The shares sold at prices ranging from $35.35 to $35.385 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.