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Sabre Corp — Director's Dealing 2019
Mar 19, 2019
32494_dirs_2019-03-19_9d11adb6-3048-49de-8f02-cf990b32536c.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: ANDERSON CLINTON (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-15 | Common Stock | A | 36067 | — | Acquired | 116122 | Direct |
| 2019-03-15 | Common Stock | F | 1918 | $21.50 | Disposed | 114204 | Direct |
| 2019-03-15 | Common Stock | F | 8331 | $21.35 | Disposed | 105873 | 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 | 57915 | Acquired | 2029-03-15 | Common Stock (57915.0) | Direct |
Footnotes
F1: Represents performance-based restricted share units that have vested and are paid out in shares of common stock. 3,407 shares are from grant dated March 13, 2015; 4,468 shares are from a grant dated March 15, 2016; 7,256 shares are from a grant dated March 15, 2017; and 20,936 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.