4//SEC Filing
HUDSON J CLIFFORD 4
Accession 0001567619-18-007568
CIK 0000868611other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 2:33 PM ET
Size
26.1 KB
Accession
0001567619-18-007568
Insider Transaction Report
Form 4
SONIC CORPSONC
HUDSON J CLIFFORD
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2018-12-07$43.50/sh−9,855$428,693→ 0 total(indirect: By Trust) - Disposition to Issuer
Incentive Stock Option (right to buy)
2018-12-07$43.50/sh−3,404$148,074→ 0 totalExercise: $29.37Exp: 2023-01-28→ common stock (3,404 underlying) - Gift
Common stock
2018-10-01−9,970→ 48,989 total(indirect: By Trust) - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−137,341$5,974,334→ 0 total(indirect: By Trust)Exercise: $25.84Exp: 2025-01-31→ common stock (137,341 underlying) - Disposition to Issuer
Common Stock
2018-12-07$43.50/sh−55,000$2,392,500→ 0 total(indirect: By LLC) - Disposition to Issuer
Common Stock
2018-12-07$43.50/sh−339,428$14,765,118→ 0 total(indirect: By Trust) - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−30,876$1,343,106→ 0 total(indirect: By Trust)Exercise: $29.37Exp: 2023-01-28→ common stock (30,876 underlying) - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−82,738$3,599,103→ 0 total(indirect: By Trust)Exercise: $25.40Exp: 2024-01-19→ common stock (82,738 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2018-12-07$43.50/sh−3,937$171,260→ 0 totalExercise: $25.40Exp: 2024-01-19→ common stock (3,937 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2018-12-07$43.50/sh−3,869$168,302→ 0 totalExercise: $25.84Exp: 2025-01-31→ common stock (3,869 underlying) - Gift
Common stock
2018-11-09−45,523→ 0 total(indirect: By Trust) - Gift
Common stock
2018-10-10−3,466→ 45,523 total(indirect: By Trust)
Footnotes (3)
- [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.
- [F2]The reporting person owns 29.4% of the family limited liability company and disclaims beneficial ownership of the issuer's shares held by the family limited liability company except to the extent of his pecuniary interest.
- [F3]Fully vested.
Documents
Issuer
SONIC CORP
CIK 0000868611
Entity typeother
Related Parties
1- filerCIK 0001065239
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 2:33 PM ET
- Size
- 26.1 KB