4//SEC Filing
Taylor Kathy L 4
Accession 0001567619-18-007615
CIK 0000868611other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 3:18 PM ET
Size
21.0 KB
Accession
0001567619-18-007615
Insider Transaction Report
Form 4
SONIC CORPSONC
Taylor Kathy L
Director
Transactions
- Disposition to Issuer
Common Stock
2018-12-07$43.50/sh−1,358$59,073→ 0 total - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−4,780$207,930→ 0 totalExercise: $31.29Exp: 2022-01-29→ Common Stock (4,780 underlying) - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−8,237$358,310→ 0 totalExercise: $25.84Exp: 2025-01-31→ Common Stock (8,237 underlying) - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−5,136$223,416→ 0 totalExercise: $29.37Exp: 2023-01-28→ Common Stock (5,136 underlying) - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−6,675$290,363→ 0 totalExercise: $25.40Exp: 2024-01-19→ Common Stock (6,675 underlying) - Disposition to Issuer
Common Stock
2018-12-03$43.50/sh−28,252$1,228,962→ 13,837 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2018-12-07$43.50/sh−13,837$601,910→ 0 total(indirect: By Trust) - Disposition to Issuer
Restricted Stock Units
2018-12-07$43.50/sh−2,032$88,392→ 0 totalExercise: $0.00→ Common Stock (2,032 underlying) - Disposition to Issuer
Nonqualified Stock Option (right to buy)
2018-12-07$43.50/sh−6,222$270,657→ 0 totalExercise: $20.58Exp: 2021-01-16→ Common Stock (6,222 underlying)
Footnotes (1)
- [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).
Documents
Issuer
SONIC CORP
CIK 0000868611
Entity typeother
Related Parties
1- filerCIK 0001325531
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 3:18 PM ET
- Size
- 21.0 KB