Filing Details

Accession Number:
0001140361-14-002531
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-17 16:09:46
Reporting Period:
2014-01-15
Filing Date:
2014-01-17
Accepted Time:
2014-01-17 16:09:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
868611 Sonic Corp SONC Retail-Eating Places (5812) 731371046
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1275331 N Douglas Benham 300 Johnny Bench Drive
Oklahoma City OK 73104
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-01-15 3,537 $20.29 0 No 4 S Direct
Common Stock Acquisiton 2014-01-16 5,393 $0.00 5,393 No 4 M Direct
Common Stock Acquisiton 2014-01-16 3,669 $9.12 9,062 No 4 M Direct
Common Stock Acquisiton 2014-01-16 9,165 $11.07 18,227 No 4 M Direct
Common Stock Disposition 2014-01-16 18,227 $20.68 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2014-01-16 3,839 $0.00 3,839 $0.00
Common Stock Restricted Stock Units Disposition 2014-01-16 1,554 $0.00 1,554 $0.00
Common Stock Non-qualified Stock Option (right to buy) Disposition 2014-01-16 3,669 $0.00 3,669 $9.12
Common Stock Non-qualified Stock Optoin (right to buy) Disposition 2014-01-16 9,165 $0.00 9,165 $11.07
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-01-16 No 4 M Direct
0 2014-01-16 No 4 M Direct
0 2014-01-16 2014-02-15 No 4 M Direct
0 2014-01-16 2014-02-15 No 4 M Direct
Footnotes
  1. This price represents the weighted average sales price. The shares sold at prices ranging from $20.1651 to $20.3845 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
  2. This price represents the weighted average sales price. The shares sold at prices ranging from $20.53 to $20.99 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
  3. Shares vested in accordance with the terms of Restricted Stock Units granted January 16, 2013, and were issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions.
  4. The vesting of these awards was accelerated from August 15, 2014 and August 15, 2015 to January 16, 2014 due to Mr. Benham not standing for re-election to the Board. Shares were issued on a one-for-one basis, subject to certain restrictions.
  5. The vesting of these options was accelerated from August 15, 2014 and August 15, 2015 to January 16, 2014 due to Mr. Benham not standing for re-election to the Board.