SEC Form 4 · accession 0001567619-18-007557
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle E Britten
Officer — VP & Chief Accounting Officer
Period of report
Dec 7, 2018
Accepted (ET)
Dec 10, 2018 · 2:15 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 7, 2018 | D | 8,621 | $43.50 | D | 0 | 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)F2 | $11.07 | Dec 7, 2018 | D | 12,076 | D | — | Jan 16, 2020 | Common Stock | 12,076 | 0 | D |
| Incentive stock option (right to buy)F2 | $20.58 | Dec 7, 2018 | D | 4,263 | D | — | Jan 16, 2021 | Common Stock | 4,263 | 0 | D |
| Stock option (right to buy)F3,F2 | $31.29 | Dec 7, 2018 | D | 3,700 | D | — | Jan 29, 2022 | Common Stock | 3,700 | 0 | D |
| Stock option (right to buy)F3,F2 | $29.37 | Dec 7, 2018 | D | 4,592 | D | — | Jan 28, 2023 | Common Stock | 4,592 | 0 | D |
| Stock option (right to buy)F3,F2 | $25.40 | Dec 7, 2018 | D | 7,416 | D | — | Jan 19, 2024 | Common Stock | 7,416 | 0 | D |
| Stock option (right to buy)F3,F2 | $25.84 | Dec 7, 2018 | D | 7,845 | D | — | Jan 31, 2025 | Common Stock | 7,845 | 0 | D |
Explanation of responses
- F1Disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated September 24, 2018, by and among the issuer, Inspire Brands, Inc. and SSK Merger Sub, Inc.
- F2Fully vested.
- F3Previously, ISOs and NQs were reported as separate awards but are combined in this final Form 4 into one award by issue date.