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Sabre Corp — Director's Dealing 2019
Mar 19, 2019
32494_dirs_2019-03-19_9fc6656f-be7c-481d-adec-b93f51d35b55.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: 2019-03-15
Reporting Person: MENKE SEAN E (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-15 | Common Stock | A | 149713 | — | Acquired | 325951 | Direct |
| 2019-03-15 | Common Stock | F | 5275 | $21.50 | Disposed | 320676 | Direct |
| 2019-03-15 | Common Stock | F | 53638 | $21.35 | Disposed | 267038 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-15 | Options to Purchase Common Stock | $21.35 | A | 270270 | Acquired | 2029-03-15 | Common Stock (270270.0) | 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 March 15, 2016, 48,375 shares are from a grant dated March 15, 2017, and 87,933 shares are from a grant dated March 15, 2018.
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.