Sonic Corp.'s Executive Vice President just declared 10,000 options and restricted shares

Jose A Duenas, Sonic Corp.'s Executive Vice President, has now declared ownership of 10,000 options and restricted shares from the company. The strike prices of the options received ranged from $0.00 to $23.58, and these expire on August 09, 2024. The restricted shares don't become available to Duenas until such time as they become vested.

Some additional info was provided as follows:

The Shares will vest August 9, 2020 in accordance with the terms of the Restricted Stock Units granted August 9, 2017, and will be issued in shares of Sonic Corp. common stock on a one-for-one basis, subject to certain restrictions. One-third of the total number of options granted on August 9, 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. To see the filing, click here.

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Other recent filings from the company include the following:

Sonic Reports Solid Same-Store Sales Momentum IN THE FOURTH FISCAL QUARTER OF 2018 - Sept. 11, 2018
Sonic Corp.'s Chief Executive Officer just disposed of 54,630 shares - Sept. 6, 2018
Sonic Corp. director just disposed of 3,500 shares - Sept. 6, 2018
Sonic Corp.'s Executive Vice President just picked up 7,065 shares - Sept. 4, 2018
Sonic Corp.'s President just picked up 10,000 shares - Sept. 4, 2018

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