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Sabre Corp — Director's Dealing 2016
Dec 19, 2016
32494_dirs_2016-12-19_11e801bb-5f6e-4e8f-8653-cab165565d13.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sabre Corp (SABR)
CIK: 0001597033
Period of Report: 2016-12-15
Reporting Person: Robinson William G Jr (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-15 | Common Stock | A | 44239 | — | Acquired | 92693 | Direct |
| 2016-12-16 | Common Stock | M | 3235 | $16.68 | Acquired | 95928 | Direct |
| 2016-12-16 | Common Stock | M | 18521 | $14.01 | Acquired | 114449 | Direct |
| 2016-12-16 | Common Stock | S | 21756 | $25.3152 | Disposed | 92693 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-16 | Options to Purchase Common Stock | $16.68 | M | 3235 | Disposed | 2024-04-17 | Common Stock (3235.0) | Direct |
| 2016-12-16 | Options to Purchase Common Stock | $14.01 | M | 18521 | Disposed | 2023-12-16 | Common Stock (18521.0) | Direct |
Footnotes
F1: The Reporting Person received a grant of restricted stock units on the transaction date. The restricted stock unit award vests as to 100% of the shares of common stock subject to the award at the end ofthe three-year period following the grant date, subject to the reporting person's continued employment with the Issuer through the vesting date.
F2: This transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on August 3, 2016.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.23 to $25.44, inclusive. The reporting person undertakes to provide to Sabre Corporation, any security holder of Sabre Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F4: The options vest and become exercisable as to 25% of the shares of common stock, par value $0.01 per share (the "Common Stock") subject to each such option on March 15, 2015 and as to 6.25% of such shares of Common Stock at the end of each successive three-month period thereafter, subject to the Reporting Person's continued employment through each vesting date.
F5: The options vest and become exercisable as to 25% of the shares of Common Stock subject to each such option on the first anniversary of the date of grant and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the Reporting Person's continued employment through each vesting date.