Sonic Corp. director just disposed of 35,000 shares

Frank E Richardson, a director of Sonic Corp., recently disposed of 35,000 shares of the company. The disposals took place at $0.00 per share, on dates ranging from December 13 to December 20, 2016. Richardson still owns 1,268,847 shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Richardson operates out of Oklahoma City, OK. Some additional info was provided as follows:

Restricted Stock Units and Non-qualified Stock Options shall vest on the earlier of (i) the first anniversary of the Grant Date or (ii) the date of the Sonic Corp. annual shareholders' meeting in the following year.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Sonic Reports Improved Sales Performance FOR THE FOURTH FISCAL QUARTER OF 2018 - Oct. 16, 2018
T. ROWE PRICE ASSOCIATES, INC. just provided an update on share ownership of Sonic Corp. - Oct. 10, 2018
Sonic Corp.'s Executive Vice President just cashed-in 89,176 options - Oct. 3, 2018
Sonic Corp.'s Vice President just cashed-in 2,500 options - Oct. 3, 2018
Sonic: Form, Schedule Or Registration Statement No Filing Party: Date Filed: COMPENSATION FAQS - Oct. 1, 2018

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