-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C5oBhxFRhxOGdaMv4mwhZIzpSwJRx9txbMGsc8IiObj52LyRMMnBXu5V7geN4G1l 26wPU40wa5QJJ6Qlsozm7w== 0001047469-98-026202.txt : 19980703 0001047469-98-026202.hdr.sgml : 19980703 ACCESSION NUMBER: 0001047469-98-026202 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980630 FILED AS OF DATE: 19980702 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SONIC CORP CENTRAL INDEX KEY: 0000868611 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 731371046 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-18859 FILM NUMBER: 98659504 BUSINESS ADDRESS: STREET 1: 101 PARK AVENUE STREET 2: STE 1400 CITY: OKLAHOMA CITY STATE: OK ZIP: 73102-7202 BUSINESS PHONE: 4052807654 MAIL ADDRESS: STREET 1: 101 PARK AVE STREET 2: 14TH FLOOR CITY: OKLAHOMA CITY STATE: OK ZIP: 73102 COMPANY DATA: COMPANY CONFORMED NAME: HUDSON J CLIFFORD CENTRAL INDEX KEY: 0001065239 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 101 PARK AVENUE STREET 2: STE 1400 CITY: OKLAHOMA CITY STATE: OK ZIP: 73102-7202 BUSINESS PHONE: 4052807654 MAIL ADDRESS: STREET 1: 101 PARK AVE STREET 2: 14TH FLOOR CITY: OKLAHOMA CITY STATE: OK ZIP: 73102 4 1 4
- -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------- FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL - -------- ----------------------------- / / CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER: 3235-0287 LONGER SUBJECT TO EXPIRES: SEPTEMBER 30, 1998 SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, ESTIMATED AVERAGE BURDEN FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or HOURS PER RESPONSE .... 0.5 CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940 ----------------------------- INSTRUCTION 1(b). (Print or Type Responses) - ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) Hudson, James Clifford SONIC CORP. SONC XX Director 10% Owner ---- ---- - --------------------------------------------------------------------------------------------- XX Officer (give Other (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- title ---- (specify Number of Reporting Month/Year below) below Person (Voluntary) President and Chief Executive Officer 101 Park Avenue 6/98 -------------------------------------- - -------------------------------------------- --------------------- 7. Individual or Joint/Group Filing (Street) 5. If Amendment, (Check Applicable Line) Date of Original ---Form filed by One Reporting Person (Month/Year) ---Form filed by More than One Oklahoma City, Oklahoma 73102 Reporting Person - ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) action action or Disposed of (D) Securities ship of In- Date Code (Instr. 3, 4 and 5) Beneficially Form: direct (Instr. 8) Owned at Direct Bene- (Month/ End of (D) or ficial Day/ ------------------------------------------- Month Indirect Owner- Year) (A) or (I) ship Code V Amount (D) Price (Instr. 3 (Instr. 4) (Instr. 4) and 4) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Previously Reported N/A N/A N/A 196,800 I Note 2 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6-24-98 J 47,338 D $22.9425 199,154 I Note 3 Note 7 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Previously Reported N/A N/A N/A 16,440 I Note 4 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6-29-98 S 5,000 D I Note 5 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6-30-98 S 50,000 D 500 I Note 5 - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Previously Reported N/A N/A N/A 9,000 D See Note 6 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) * If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). SEC 1474 (7-97) POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- (Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex- Exercise Date (Instr. 8) quired (A) or Dis- piration Date Price of (Month/ posed of (D) (Month/Day/ Deriv- Day/ (Instr. 3, 4, and 5) Year) ative Year) Security -------------------- Date Expira- -------------------------------------- Exer- tion cisable Date Code V (A) (D) - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $10.00 Previously Reported 05/17/92 5/17/ See Note 1 per share 2001 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $10.00 Previously Reported 05/17/93 5/17/ See Note 1 per share 2001 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $10.00 Previously Reported 05/17/94 5/17/ See Note 1 per share 2001 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.8867 Previously Reported 04/16/93 4/16/ See Note 1 per share 2002 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.8867 Previously Reported 04/16/94 4/16/ See Note 1 per share 2002 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.8867 Previously Reported 04/16/95 4/16/ See Note 1 per share 2002 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $9.22 Previously Reported 04/22/94 4/22/ See Note 1 per share 2003 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $9.22 Previously Reported 04/22/95 4/22/ See Note 1 per share 2003 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $9.22 Previously Reported 04/22/96 4/22/ See Note 1 per share 2003 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ 7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature lying Securities of of Deriv- ship of In- (Instr. 3 and 4) Deriv- ative Form direct ative Securi- of De- Bene- Secur- ties rivative ficial ity Bene- Secu- Own- (Instr. ficially rity: ership 5) Owned Direct (Instr. 4) at End (D) or Amount or of Indi- Title Number of Month rect (I) Shares (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------ Common Stock 7,056 -0- 7,056 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,056 -0- 7,056 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,056 -0- 7,056 D N/A - ------------------------------------------------------------------------------------------ Common Stock 4,444 -0- 4,444 D N/A - ------------------------------------------------------------------------------------------ Common Stock 4,445 -0- 4,445 D N/A - ------------------------------------------------------------------------------------------ Common Stock 4,445 -0- 4,445 D N/A - ------------------------------------------------------------------------------------------ Common Stock 8,711 -0- 8,711 D N/A - ------------------------------------------------------------------------------------------ Common Stock 8,713 -0- 8,713 D N/A - ------------------------------------------------------------------------------------------ Common Stock 8,711 -0- 8,711 D N/A - ------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ Explanation of Responses: J. Private exchange of securities. 1. Stock options granted pursuant to the 1991 Sonic Corp. Stock Option Plan. 2. By spouse as trustee of trust for spouse; Mr. Hudson disclaims all beneficial ownership. 3. By self as trustee of trust for self. 4. Held in trusts for Mr. Hudson's minor children; Mr. Hudson disclaims all beneficial ownership. 5. Held jointly by self and spouse as trustees of charitable remainder unitrust. 6. Pursuant to the terms of the Sonic Corp. 1995 Stock Incentive Plan, and an Awards Agreement between the issuer and the reporting person, such shares are subject to not vesting in the event certain net income and revenue performance criteria for the issuer are not achieved. 7. Estimated value of securities as received by the reporting person in a private exchange of securities. Page 2 SEC 1474 (7-97)
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- (Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex- Exercise Date (Instr. 8) quired (A) or Dis- piration Date Price of (Month/ posed of (D) (Month/Day/ Deriv- Day/ (Instr. 3, 4, and 5) Year) ative Year) Security -------------------- Date Expira- -------------------------------------- Exer- tion cisable Date Code V (A) (D) - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.4467 Previously Reported 08/25/94 8/25/ See Note 1 per share 2003 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.4467 Previously Reported 08/25/95 8/25/ See Note 1 per share 2003 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.4467 Previously Reported 08/25/96 8/25/ See Note 1 per share 2003 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $9.78 Previously Reported 04/12/95 4/12/ See Note 1 per share 2004 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $9.78 Previously Reported 04/12/96 4/12/ See Note 1 per share 2004 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $9.78 Previously Reported 04/12/97 4/12/ See Note 1 per share 2004 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $11.5533 Previously Reported 04/11/96 4/11/ See Note 1 per share 2005 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $11.5533 Previously Reported 04/11/97 4/11/ See Note 1 per share 2005 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $11.5533 Previously Reported 04/11/98 4/11/ See Note 1 per share 2005 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ 7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature lying Securities of of Deriv- ship of In- (Instr. 3 and 4) Deriv- ative Form direct ative Securi- of De- Bene- Secur- ties rivative ficial ity Bene- Secu- Own- (Instr. ficially rity: ership 5) Owned Direct (Instr. 4) at End (D) or Amount or of Indi- Title Number of Month rect (I) Shares (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------ Common Stock 15,000 -0- 15,000 D N/A - ------------------------------------------------------------------------------------------ Common Stock 15,000 -0- 15,000 D N/A - ------------------------------------------------------------------------------------------ Common Stock 15,001 -0- 15,001 D N/A - ------------------------------------------------------------------------------------------ Common Stock 6,214 -0- 6,214 D N/A - ------------------------------------------------------------------------------------------ Common Stock 6,213 -0- 6,213 D N/A - ------------------------------------------------------------------------------------------ Common Stock 18,640 -0- 18,640 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,573 -0- 7,573 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,574 -0- 7,574 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,572 -0- 7,572 D N/A - ------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ Explanation of Responses: J. Private exchange of securities. 1. Stock options granted pursuant to the 1991 Sonic Corp. Stock Option Plan. 2. By spouse as trustee of trust for spouse; Mr. Hudson disclaims all beneficial ownership. 3. By self as trustee of trust for self. 4. Held in trusts for Mr. Hudson's minor children; Mr. Hudson disclaims all beneficial ownership. 5. Held jointly by self and spouse as trustees of charitable remainder unitrust. 6. Pursuant to the terms of the Sonic Corp. 1995 Stock Incentive Plan, and an Awards Agreement between the issuer and the reporting person, such shares are subject to not vesting in the event certain net income and revenue performance criteria for the issuer are not achieved. 7. Estimated value of securities as received by the reporting person in a private exchange of securities. Page 3 SEC 1474 (7-97)
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- (Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex- Exercise Date (Instr. 8) quired (A) or Dis- piration Date Price of (Month/ posed of (D) (Month/Day/ Deriv- Day/ (Instr. 3, 4, and 5) Year) ative Year) Security -------------------- Date Expira- -------------------------------------- Exer- tion cisable Date Code V (A) (D) - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.8333 Previously Reported 4/30/97 4/30/ See Note 1 per share 2006 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.8333 Previously Reported 4/30/98 4/30/ See Note 1 per share 2006 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.8333 Previously Reported 4/30/99 4/30/ See Note 1 per share 2006 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.00 Previously Reported 5/9/98 5/9/ See Note 1 per share 2007 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.00 Previously Reported 5/9/99 5/9/ See Note 1 per share 2007 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $12.00 Previously Reported 5/9/ 5/9/ See Note 1 per share 2000 2007 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $21.50 Previously Reported 4/30/99 4/30/ See Note 1 per share 2008 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $21.50 Previously Reported 4/30/ 4/30/ See Note 1 per share 2000 2008 - ------------------------------------------------------------------------------------------------------------------------ Right to Buy Common Stock. $21.50 Previously Reported 4/30/ 4/30/ See Note 1 per share 2001 2008 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ 7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature lying Securities of of Deriv- ship of In- (Instr. 3 and 4) Deriv- ative Form direct ative Securi- of De- Bene- Secur- ties rivative ficial ity Bene- Secu- Own- (Instr. ficially rity: ership 5) Owned Direct (Instr. 4) at End (D) or Amount or of Indi- Title Number of Month rect (I) Shares (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------ Common Stock 16,827 -0- 16,827 D N/A - ------------------------------------------------------------------------------------------ Common Stock 16,827 -0- 16,827 D N/A - ------------------------------------------------------------------------------------------ Common Stock 16,827 -0- 16,827 D N/A - ------------------------------------------------------------------------------------------ Common Stock 11,458 -0- 11,458 D N/A - ------------------------------------------------------------------------------------------ Common Stock 11,458 -0- 11,458 D N/A - ------------------------------------------------------------------------------------------ Common Stock 11,460 -0- 11,460 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,558 -0- 7,558 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,558 -0- 7,558 D N/A - ------------------------------------------------------------------------------------------ Common Stock 7,559 -0- 7,559 D N/A - ------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ Explanation of Responses: J. Private exchange of securities. 1. Stock options granted pursuant to the 1991 Sonic Corp. Stock Option Plan. 2. By spouse as trustee of trust for spouse; Mr. Hudson disclaims all beneficial ownership. 3. By self as trustee of trust for self. 4. Held in trusts for Mr. Hudson's minor children; Mr. Hudson disclaims all beneficial ownership. 5. Held jointly by self and spouse as trustees of charitable remainder unitrust. 6. Pursuant to the terms of the Sonic Corp. 1995 Stock Incentive Plan, and an Awards Agreement between the issuer and the reporting person, such shares are subject to not vesting in the event certain net income and revenue performance criteria for the issuer are not achieved. 7. Estimated value of securities as received by the reporting person in a private exchange of securities. ----------------------------------- ----------- **Intentional misstatements or omissions of facts constitute **Signature of Reporting Person Date Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, SEE Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 4 SEC 1474 (7-97)
-----END PRIVACY-ENHANCED MESSAGE-----