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Sabre Corp — Director's Dealing 2017
Mar 17, 2017
32494_dirs_2017-03-17_fc5cad51-c642-4892-a727-24a1134221ac.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: 2017-03-15
Reporting Person: Simonson Richard A (Executive Vice President, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-15 | Common Stock | A | 126399 | — | Acquired | 318464 | Direct |
| 2017-03-15 | Common Stock | F | 53026 | $22.04 | Disposed | 265438 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-15 | Options to Purchase Common Stock | $22.01 | A | 96749 | Acquired | 2027-03-15 | Common Stock (96749.0) | Direct |
Footnotes
F1: Represents performance-based restricted share units that have vested and are paid out in shares of common stock. 75,000 shares are from a grant dated 3/11/2013, 14,613 shares are from a grant dated 4/17/2014, 18,169 shares are from a grant dated 3/13/2015, and 18,617 shares are from a grant dated 3/15/2016.
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.