SEC Form 4 · accession 0001597033-16-000201
Sabre Corp · SABR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah Kerr
Officer — Executive Vice President
Period of report
Apr 28, 2016
Accepted (ET)
Apr 29, 2016 · 4:13 pm EDT
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 | Apr 28, 2016 | M | 45,000 | $9.97 | A | 163,885 | D | |
| Common Stock | Apr 28, 2016 | S | 45,000 | $29.00 | D | 118,885 | 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 StockF2 | $9.97 | Apr 28, 2016 | M | 45,000 | D | — | Mar 11, 2023 | Common Stock | 45,000 | 325,619 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person effective August 31, 2015.
- F2The options vest and become exercisable as to 25% of the shares of common stock, par value $0.01 per share (the "Common Stock") of Sabre Corporation subject to each such option on the first anniversary of the date of grant (3/11/2013) and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to Ms. Kerr's continued employment through each vesting date.