SEC Form 4 · accession 0001140361-17-002514
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
Sep 30, 2016
Accepted (ET)
Jan 23, 2017 · 1:51 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 | Sep 30, 2016 | G | 1,200 | $0.00 | D | 31,255 | I | By self as trustee of trust |
| Common StockF1 | holding | — | — | — | 895 | I | By 401(k) | |
| Common StockF2 | holding | — | — | — | 2,700 | D |
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)F3 | $25.40 | Jan 19, 2017 | A | 3,938 | A | — | Jan 19, 2024 | Common Stock | 3,938 | 3,938 | D |
| Non-qualified Stock Option (right to buy)F3 | $25.40 | Jan 19, 2017 | A | 19,794 | A | — | Jan 19, 2024 | Common Stock | 19,794 | 19,794 | D |
Explanation of responses
- F1Shares held in the Sonic Corp. 401(k) as of January 12, 2017.
- F2Includes 2,700 shares held in the 1991 Sonic Corp. Stock Purchase Plan as of January 12, 2017.
- F3One-third of the total number of options granted on January 19, 2017 will vest on each of the first three anniversary dates following the grant date.