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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options to Purchase Common Stock | $ 16.68 | 12/16/2016 | M(2) | 3,235 | (4) | 04/17/2024 | Common Stock | 3,235 | $ 0 | 16,175 | D | ||||
Options to Purchase Common Stock | $ 14.01 | 12/16/2016 | M(2) | 18,521 | (5) | 12/16/2023 | Common Stock | 18,521 | $ 0 | 24,085 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Robinson William G Jr 3150 SABRE DRIVE SOUTHLAKE, TX 76092 |
Executive Vice President |
By: Steve W. Milton as attorney-in-fact for William G. Robinson Jr. | 12/19/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Reporting Person received a grant of restricted stock units on the transaction date. The restricted stock unit award vests as to 100% of the shares of common stock subject to the award at the end ofthe three-year period following the grant date, subject to the reporting person's continued employment with the Issuer through the vesting date. |
(2) | This transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on August 3, 2016. |
(3) | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.23 to $25.44, 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. |
(4) | The options vest and become exercisable as to 25% of the shares of common stock, par value $0.01 per share (the "Common Stock") subject to each such option on March 15, 2015 and as to 6.25% of such shares of Common Stock at the end of each successive three-month period thereafter, subject to the Reporting Person's continued employment through each vesting date. |
(5) | The options vest and become exercisable as to 25% of the shares of Common Stock 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 through each vesting date. |