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Sabre Corp — Director's Dealing 2016
Mar 17, 2016
32494_dirs_2016-03-17_f5535b23-4675-4c97-9c07-e0253c66690c.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: 2016-03-15
Reporting Person: Alt Alexander S (President & GM of SHS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-15 | Common Stock | A | 12463 | — | Acquired | 30550 | Direct |
| 2016-03-15 | Common Stock | F | 3410 | $27.79 | Disposed | 27140 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-15 | Common Stock | $27.79 | A | 22341 | Acquired | 2026-03-15 | Common Stock (22341.0) | Direct |
Footnotes
F1: Represents performance-based restricted share units that have vested and are paid out in shares of common stock. 1,500 shares are from a grant dated 12/3/2012, 5,059 shares are from a grant dated 4/17/2014 and 5,904 shares from a grant dated 3/13/2015.
F2: This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted shares units to satisfy the reporting person's tax withholding obligations.
F3: 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.