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Sabre Corp — Director's Dealing 2018
Mar 19, 2018
32494_dirs_2018-03-19_b36c4b7d-84b7-4f7a-b8d4-2edd4b2c7739.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: 2018-03-15
Reporting Person: MENKE SEAN E (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-15 | Common Stock | A | 61779 | — | Acquired | 217048 | Direct |
| 2018-03-15 | Common Stock | F | 5275 | $22.14 | Disposed | 211773 | Direct |
| 2018-03-15 | Common Stock | F | 19036 | $22.03 | Disposed | 192737 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-15 | Options to Purchase Common Stock | $22.03 | A | 319756 | Acquired | 2028-03-15 | Common Stock (319756.0) | Direct |
Footnotes
F1: Represents performance-based restricted share units that have vested and are paid out in shares of common stock. 13,405 shares are from a grant dated 3/15/2016 and 48,374 shares are from a grant dated 3/15/17.
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.