Pedro Claudia San, Sonic Corp.'s Executive Vice Pres. and CFO, has just filed an initial statement of beneficial ownership where 30,909 shares of Sonic Corp. were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from San. San operates out of Oklahoma City, OK. Some additional info was provided as follows:
The total number of shares beneficially owned directly includes 11,234 shares held in the 1991 Sonic Corp. Stock Purchase Plan as of January 12, 2017.
One-third of the total number of options granted on January 19, 2017 will vest on each of the first three anniversary dates following the grant date.
The above information was disclosed in a filing to the SEC. T o see the filing, click here.
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