SEC Form 4 · accession 0001567619-18-007560
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
Dec 7, 2018
Accepted (ET)
Dec 10, 2018 · 2:19 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 | Oct 1, 2018 | M | 25,000 | $18.32 | A | 32,065 | D | |
| Common Stock | Oct 1, 2018 | M | 23,333 | $20.58 | A | 55,398 | D | |
| Common Stock | Oct 1, 2018 | M | 18,371 | $31.29 | A | 73,769 | D | |
| Common Stock | Oct 1, 2018 | M | 13,696 | $29.37 | A | 87,465 | D | |
| Common Stock | Oct 1, 2018 | M | 8,776 | $25.40 | A | 96,241 | D | |
| Common StockF1 | Oct 1, 2018 | S | 89,176 | $43.2389 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy) | $18.32 | Oct 1, 2018 | M | 16,374 | D | Oct 16, 2016 | Oct 16, 2020 | Common Stock | 16,374 | 0 | D |
| Non-qualified Stock Option (right to buy) | $18.32 | Oct 1, 2018 | M | 8,626 | D | Oct 16, 2016 | Oct 16, 2020 | Common Stock | 8,626 | 0 | D |
| Incentive Stock Option (right to buy) | $20.58 | Oct 1, 2018 | M | 4,859 | D | Jan 16, 2017 | Jan 16, 2021 | Common Stock | 4,859 | 0 | D |
| Non-qualified Stock Option (right to buy) | $20.58 | Oct 1, 2018 | M | 18,474 | D | Jan 16, 2017 | Jan 16, 2021 | Common Stock | 18,474 | 0 | D |
| Incentive Stock Option (right to buy) | $31.29 | Oct 1, 2018 | M | 3,195 | D | Jan 29, 2018 | Jan 29, 2022 | Common Stock | 3,195 | 0 | D |
| Non-qualified Stock Option (right to buy) | $31.29 | Oct 1, 2018 | M | 15,176 | D | Jan 29, 2018 | Jan 29, 2022 | Common Stock | 15,176 | 0 | D |
| Non-qualified Stock Option (right to buy) | $29.37 | Oct 1, 2018 | M | 13,696 | D | Jan 28, 2018 | Jan 28, 2023 | Copmon Stock | 13,696 | 3,444 | D |
| Incentive Stock Option (right to buy) | $25.40 | Oct 1, 2018 | M | 1 | D | Jan 19, 2018 | Jan 19, 2024 | Common Stock | 1 | 3,937 | D |
| Non-qualified Stock Option (right to buy) | $25.40 | Oct 1, 2018 | M | 8,775 | D | Jan 19, 2018 | Jan 19, 2024 | Common Stock | 8,775 | 13,615 | D |
Explanation of responses
- F1This price represents the weighted average sales price. The shares sold at prices ranging from $43.20 to $43.37 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.