SEC Form 4 · accession 0001140361-18-002525
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Federico F Pena
Director
Period of report
Jan 17, 2018
Accepted (ET)
Jan 19, 2018 · 11:53 am 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 StockF1 | Jan 17, 2018 | S | 4,575 | $25.988 | D | 50,494 | I | In trust for self |
| Common StockF2 | Jan 18, 2018 | S | 4,580 | $26.125 | D | 45,914 | I | In trust for self |
| Common Stock | Jan 19, 2018 | M | 1,772 | $0.00 | A | 47,686 | I | In trust for self |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Jan 19, 2018 | M | 1,772 | D | — | — | common stock | 1,772 | 0 | D |
Explanation of responses
- F1This price represents the weighted average sales price. The shares sold at prices ranging from $25.9811 to $25.9884 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
- F2This price represents the weighted average sales price. The shares sold at prices ranging from $26.12 to $26.145 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
- F3Shares vested January 19, 2018 in accordance with the terms of Restricted Stock Units granted January 19, 2017, and were issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions.