SEC Form 4 · accession 0001140361-18-004693
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Federico F Pena
Director
Period of report
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 2:39 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 | holding | — | — | — | 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 UnitsF1 | $0.00 | Jan 31, 2018 | A | 2,032 | A | — | — | common stock | 2,032 | 2,032 | D |
| Nonqualified stock option (right to buy)F2 | $25.84 | Jan 31, 2018 | A | 8,237 | A | — | Jan 31, 2025 | common stock | 8,237 | 8,237 | D |
Explanation of responses
- F1Restricted Stock Units shall vest on the earlier of (i) the first anniversary of the Grant Date or (ii) the date of the Sonic Corp. annual shareholders' meeting in the following year, and will be issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions.
- F2Non-qualified Stock Options shall vest on the earlier of (i) the first anniversary of the Grant Date or (ii) the date of the Sonic Corp. annual shareholders' meeting in the following year.