SAROCH E EDWARD (Senior VP of Subsidiary) sold 19.1% of their position (21.90K shares) of SONIC CORP on the open market
Open‑market sale worth $798.4K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 7/19/2018ACC: 0001140361-18-032844
Officer· Senior VP of Subsidiary
Since Jul 2018
-21.90K
Net shares
Net seller
$798.4K
Total sold
1
Open market trades
0B · 1S
4
Total transactions
21.90K acquired · 43.79K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+21.90K
Price / share
$6.80
Trade value
$148.89K
% of position
23.7%
7/17/2018
92.50K→114.40K
Common Stock
Direct
Shares
−21.90K
Price / share
$36.46
Trade value
$798.42K
% of position
19.1%
7/17/2018
114.40K→92.50K
Total
Net shares
+0.00
Net value
-$649.53K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/17/2018 | M · Option Exercise | +21.90K | $6.80 | $148.89K | 23.7% | 92.50K | 114.40K |
| Common Stock Direct | 7/17/2018 | S · Sale | −21.90K | $36.46 | $798.42K | 19.1% | 114.40K | 92.50K |
| Total | +0.00 | -$649.53K | ||||||
Derivative Transactions2
Incentive Stock Option (right to buy)
Direct
Converts to
Common Stock
14.38K shares
Shares
−14.38K
Strike price
6.80
Held after
0.00
Exercisable
—
7/17/2018
Non-qualified Stock Option (right to buy)
Direct
Converts to
Common Stock
7.52K shares
Shares
−7.52K
Strike price
6.80
Held after
0.00
Exercisable
—
7/17/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy) Direct | Common Stock14.38K shares | 7/17/2018 | M · Option Exercise | −14.38K | 6.80 | — | 0.00 |
| Non-qualified Stock Option (right to buy) Direct | Common Stock7.52K shares | 7/17/2018 | M · Option Exercise | −7.52K | 6.80 | — | 0.00 |