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Sabre Corp — Director's Dealing 2018
Mar 19, 2018
32494_dirs_2018-03-19_b69ec0ad-3fdf-4fd2-ad3f-276a0c56d5d5.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: Gonzalez Rachel A (EVP and CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-15 | Common Stock | A | 43537 | — | Acquired | 158834 | Direct |
| 2018-03-15 | Common Stock | F | 6364 | $22.14 | Disposed | 152470 | Direct |
| 2018-03-15 | Common Stock | F | 6853 | $22.03 | Disposed | 145617 | 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 | 95166 | Acquired | 2028-03-15 | Common Stock (95166.0) | Direct |
Footnotes
F1: Represents performance-based restricted share units that have vested and are paid out in shares of common stock. 12,718 shares are from a grant dated 3/13/2015, 13,405 shares are from a grant dated 3/15/2016 and 17,414 shares are from a grant dated 3/15/2017.
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.