MCLAIN W SCOTT 4
4 · SONIC CORP · Filed Jan 17, 2012
Insider Transaction Report
Form 4
SONIC CORPSONC
MCLAIN W SCOTT
President
Transactions
- Tax Payment
Common Stock
2012-01-14$6.71/sh−4,026$27,014→ 173,227 total - Exercise/Conversion
Common Stock
2012-01-14+11,137→ 177,253 total - Exercise/Conversion
Restricted Stock Units
2012-01-14−11,137→ 11,137 totalExercise: $0.00→ Common Stock (11,137 underlying)
Holdings
- 2,579(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Represents shares that vested in accordance with the terms of Restricted Stock Units granted January 14, 2010, providing for vesting of Restricted Stock Units in equal annual installments on each of the first three anniversaries following the date of grant.
- [F2]Shares were withheld by the issuer to cover the minimum tax withholding requirements associated with the vesting of the 11,173 Restricted Stock Units.
- [F3]Shares held in the Sonic Corp. 401(k) as of January 17, 2012.