SEC Form 4 · accession 0001140361-17-001711
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank E Richardson III
Director
Period of report
Jan 10, 2017
Accepted (ET)
Jan 12, 2017 · 4:30 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 Stock | Jan 10, 2017 | M | 14,791 | $8.74 | A | 1,290,728 | D | |
| Common StockF1 | Jan 10, 2017 | S | 4,685 | $27.5665 | D | 1,285,863 | D | |
| Common Stock | holding | — | — | — | 16,484 | I | Trustee of children's trusts | |
| Common Stock | holding | — | — | — | 1,500 | I | By son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified stock option (right to buy) | $8.74 | Jan 10, 2017 | M | 14,791 | D | Jan 14, 2013 | Jan 14, 2017 | Common Stock | 14,791 | 0 | D |
Explanation of responses
- F1This price represents the weighted average sales price. The shares sold at prices ranging from $27.56 to $27.592 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.