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Sabre Corp — Director's Dealing 2017
Feb 10, 2017
32494_dirs_2017-02-10_7c240f8c-b95a-4da5-b930-478cf30f9b12.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: 2017-02-08
Reporting Person: KERR DEBORAH (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-08 | Common Stock | M | 65348 | $9.97 | Acquired | 184233 | Direct |
| 2017-02-08 | Common Stock | S | 150000 | $22.0857 | Disposed | 34233 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-08 | Options to Purchase Common Stock | $9.97 | M | 65348 | Disposed | 2023-03-11 | Common Stock (65348.0) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.15, 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.
F2: The options vest and become exercisable as to 25% of the shares of common stock, par value $0.01 per share (the "Common Stock") of Sabre Corporation 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 Ms. Kerr's continued employment through each vesting date.