4//SEC Filing
Abou Habib Lori I 4
Accession 0001567619-18-007553
CIK 0000868611other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 2:11 PM ET
Size
15.7 KB
Accession
0001567619-18-007553
Insider Transaction Report
Form 4
SONIC CORPSONC
Abou Habib Lori I
Vice President and CMO
Transactions
- Disposition to Issuer
Common stock
2018-12-07$43.50/sh−972$42,282→ 0 total - Disposition to Issuer
Common Stock
2018-12-07$43.50/sh−1,217$52,940→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Restricted Stock Units
2018-12-07$43.50/sh−5,000$217,500→ 0 totalExercise: $0.00→ common stock (5,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−7,416$322,596→ 0 totalExercise: $25.40Exp: 2024-01-19→ Common Stock (7,416 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−11,767$511,865→ 0 totalExercise: $25.84Exp: 2025-01-31→ Common Stock (11,767 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2018-12-07$43.50/sh−6,979$303,587→ 0 totalExercise: $29.37Exp: 2023-01-28→ Common Stock (6,979 underlying)
Footnotes (4)
- [F1]Disposed 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. (the "Merger Agreement"). At the effective time of the merger as contemplated in the merger agreement, (i) each outstanding share of Company Common Stock, was cancelled and automatically converted into the right to receive $43.50 in cash and (ii) each Company Restricted Stock Unit and each Company Stock Option Award, vested and accelerated in full and was converted into the right to receive $43.50 in cash (or in the case of Company Stock Option Awards, the difference between the exercise price and $43.50).
- [F2]Shares held in the 1991 Sonic Corp. Stock Purchase Plan as of December 7, 2018.
- [F3]Shares held in the Sonic Corp. 401(k) as of December 7, 2018.
- [F4]Previously, ISOs and NQs were reported as separate awards but are combined in this final Form 4 into one award by issue date.
Documents
Issuer
SONIC CORP
CIK 0000868611
Entity typeother
Related Parties
1- filerCIK 0001713822
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 2:11 PM ET
- Size
- 15.7 KB