BUDD JOHN H III (Executive Vice President) exercised options at SONIC CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/4/2018ACC: 0001567619-18-002077
Officer· Executive Vice President
Since Aug 2018
-2.94K
Net shares
Net seller
$105.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
10K acquired · 12.94K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+10K
Price / share
—
Trade value
—
% of position
New position
8/31/2018
0.00→10K
Common Stock
Direct
Shares
−2.94K
Price / share
$35.86
Trade value
$105.25K
% of position
29.3%
8/31/2018
10K→7.07K
Total
Net shares
+7.07K
Net value
-$105.25K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/31/2018 | M · Option Exercise | +10K | — | — | New position | 0.00 | 10K |
| Common Stock Direct | 8/31/2018 | F · Tax Withholding | −2.94K | $35.86 | $105.25K | 29.3% | 10K | 7.07K |
| Total | +7.07K | -$105.25K | ||||||
Derivative Transactions1
Restricted Sock Units
Direct
Converts to
Common Stock
10K shares
Shares
−10K
Strike price
0
Held after
0.00
Exercisable
—
8/31/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Sock Units Direct | Common Stock10K shares | 8/31/2018 | M · Option Exercise | −10K | 0 | — | 0.00 |