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Sabre Corp — Director's Dealing 2016
Oct 26, 2016
32494_dirs_2016-10-26_412b4398-c41c-4b2c-8d6b-caf16e98467b.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: 2016-10-24
Reporting Person: Webb Gregory T (Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-24 | Common Stock | M | 37813 | $8.18 | Acquired | 37813 | Direct |
| 2016-10-24 | Common Stock | M | 65624 | $9.97 | Acquired | 103437 | Direct |
| 2016-10-24 | Common Stock | M | 30571 | $16.68 | Acquired | 134008 | Direct |
| 2016-10-24 | Common Stock | M | 2201 | $22.15 | Acquired | 136209 | Direct |
| 2016-10-24 | Common Stock | S | 136209 | $25.7937 | Disposed | 0 | Direct |
| 2016-10-25 | Common Stock | M | 9154 | $22.15 | Acquired | 9154 | Direct |
| 2016-10-25 | Common Stock | S | 9154 | $25.7266 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-24 | Options to Purchase Common Stock | $8.18 | M | 37813 | Disposed | 2022-03-14 | Common Stock (37813.0) | Direct |
| 2016-10-24 | Options to Purchase Common Stock | $9.97 | M | 65624 | Disposed | 2022-12-03 | Common Stock (65624.0) | Direct |
| 2016-10-24 | Options to Purchase Common Stock | $16.68 | M | 30571 | Disposed | 2024-04-17 | Common Stock (30571.0) | Direct |
| 2016-10-24 | Options to Purchase Common Stock | $22.15 | M | 2201 | Disposed | 2025-03-13 | Common Stock (2201.0) | Direct |
| 2016-10-25 | Options to Purchase Common Stock | $22.15 | M | 9154 | Disposed | 2025-03-13 | Common Stock (9154.0) | Direct |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on August 12, 2016.
F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.73 to $26.01, 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.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.57 to $25.86, 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 to purchase shares of common stock of Sabre Corporation are fully vested and immediately exercisable.
F5: The options vest and become exercisable as to 25% of the shares of Common Stock of the Issuer 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 with the Issuer through each vesting date.