SEC Form 4 · accession 0001567619-18-002077
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Budd III
Officer — Executive Vice President
Period of report
Aug 31, 2018
Accepted (ET)
Sep 4, 2018 · 5:53 pm EDT
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 | Aug 31, 2018 | M | 10,000 | $0.00 | A | 10,000 | D | |
| Common Stock | Aug 31, 2018 | F | 2,935 | $35.86 | D | 7,065 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Sock UnitsF1 | $0.00 | Aug 31, 2018 | M | 10,000 | D | — | — | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Shares vested August 31, 2018 in accordance with the terms of Restricted Stock Units granted August 6, 2015, and were issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions.