Saroch E Edward 4
4 · SONIC CORP · Filed Dec 10, 2018
Insider Transaction Report
Form 4
SONIC CORPSONC
Saroch E Edward
President of subsidiary
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−14,462$629,097→ 0 totalExercise: $25.40Exp: 2024-01-19→ Common Stock (14,462 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−15,690$682,515→ 0 totalExercise: $25.84Exp: 2025-01-31→ Common Stock (15,690 underlying) - Disposition to Issuer
Restricted Stock Units
2018-12-07$43.50/sh−10,000$435,000→ 0 totalExercise: $0.00Exp: 2021-01-31→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2018-12-07$43.50/sh−92,515$4,024,403→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−12,230$532,005→ 0 totalExercise: $20.58Exp: 2021-01-16→ Common Stock (12,230 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−16,716$727,146→ 0 totalExercise: $11.07Exp: 2020-01-16→ Common Stock (16,716 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−9,770$424,995→ 0 totalExercise: $31.29Exp: 2022-01-29→ Common Stock (9,770 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-12-07$43.50/sh−11,124$483,894→ 0 totalExercise: $29.37Exp: 2023-01-28→ Common Stock (11,124 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.
- [F2]The total number of shares beneficially owned directly includes 2,778 shares held in the 1991 Sonic Corp. Stock Purchase Plan as of December 7, 2018.
- [F3]Previously, ISOs and NQs were reported as separate awards but are combined in this final Form 4 into one award by issue date.
- [F4]Fully vested.