SEC Form 4 · accession 0001597033-16-000125
Sabre Corp · SABR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hugh W Jones
Officer — Executive Vice President
Period of report
Feb 9, 2016
Accepted (ET)
Feb 11, 2016 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001597033
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 9, 2016 | M | 76,350 | $3.00 | A | 160,149 | D | |
| Common StockF2 | Feb 9, 2016 | S | 30,789 | $23.4598 | D | 129,360 | D | |
| Common StockF3 | Feb 9, 2016 | S | 26,453 | $24.264 | D | 102,907 | D | |
| Common StockF4 | Feb 9, 2016 | S | 19,108 | $24.9194 | D | 83,799 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF5 | $3.00 | Feb 9, 2016 | M | 76,350 | D | — | Mar 31, 2019 | Common Stock | 76,350 | 438,600 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on February 25, 2015.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.78 to $23.76, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.7811 to $24.78, 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.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.79 to $25.35, 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.
- F5The options to purchase shares of Common Stock of the Issuer are fully vested and immediately exercisable.