Insider Trades - PERRY MICHAEL A

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PERRY MICHAEL A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Sonic Corp. Officer NasdaqGS:SONC (historical quotes, profile, SEC, other insiders)	19-Dec-08	0	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
19-Dec-08 10,000 SONC Option Exercise at $10.97 per share.
(Cost of $109,700)
19-Dec-08 10,000 SONC Sale at $12.40 per share.
(Proceeds of $124,000)
18-Dec-08 27,000 SONC Option Exercise at $10.97 per share.
(Cost of $296,190)
18-Dec-08 27,000 SONC Sale at $12.30 per share.
(Proceeds of $332,100)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
19-Dec-08	10,000	SONC	Option Exercise at $10.97 per share. (Cost of $109,700)
19-Dec-08	10,000	SONC	Sale at $12.40 per share. (Proceeds of $124,000)
18-Dec-08	27,000	SONC	Option Exercise at $10.97 per share. (Cost of $296,190)
18-Dec-08	27,000	SONC	Sale at $12.30 per share. (Proceeds of $332,100)