CUMMINS CAROLYN C. (Vice President) sold 38.2% of their position (2.50K shares) of SONIC CORP on the open market
Open‑market sale worth $108.3K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 10/3/2018ACC: 0001567619-18-003591
Officer· Vice President
Since Oct 2018
-2.50K
Net shares
Net seller
$108.3K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
2.50K acquired · 5K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+2.50K
Price / share
$6.80
Trade value
$17K
% of position
61.8%
10/1/2018
4.04K→6.54K
Common Stock
Direct
Shares
−2.50K
Price / share
$43.31
Trade value
$108.28K
% of position
38.2%
10/1/2018
6.54K→4.04K
Total
Net shares
+0.00
Net value
-$91.28K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/1/2018 | M · Option Exercise | +2.50K | $6.80 | $17K | 61.8% | 4.04K | 6.54K |
| Common Stock Direct | 10/1/2018 | S · Sale | −2.50K | $43.31 | $108.28K | 38.2% | 6.54K | 4.04K |
| Total | +0.00 | -$91.28K | ||||||
Derivative Transactions1
Non-qualified stock option (right to buy)
Direct
Converts to
common stock
2.50K shares
Shares
−2.50K
Strike price
6.80
Held after
295.00
Exercisable
—
10/1/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-qualified stock option (right to buy) Direct | common stock2.50K shares | 10/1/2018 | M · Option Exercise | −2.50K | 6.80 | — | 295.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned25.54K
Total
25.54K indirect25.54K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 25.54K | Indirect |
| Total | 25.54K | 25.54K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported