SEC Form 4 · accession 0001140361-17-046661
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank E Richardson III
Director
Period of report
Dec 18, 2017
Accepted (ET)
Dec 19, 2017 · 1:25 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 | Dec 18, 2017 | M | 9,209 | $11.19 | A | 1,061,699 | D | |
| Common StockF1 | Dec 18, 2017 | S | 3,670 | $28.2137 | D | 1,058,029 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified stock option (right to buy) | $11.19 | Dec 18, 2017 | M | 9,209 | D | Jan 6, 2014 | Jan 6, 2018 | common stock | 9,209 | 0 | D |
Explanation of responses
- F1This price represents the weighted average sales price. The shares sold at prices ranging from $28.16 to $28.28 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.