SEC Form 4 · accession 0001597033-16-000263
Sabre Corp · SABR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Klein
Officer — CEO, President · Director
Period of report
Sep 19, 2016
Accepted (ET)
Sep 20, 2016 · 4:47 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 | Jul 8, 2016 | G | 3,200 | $0.00 | D | 363,018 | D | |
| Common Stock | Sep 19, 2016 | M | 198,000 | $5.00 | A | 561,018 | D | |
| Common StockF2 | Sep 19, 2016 | S | 198,000 | $26.9591 | D | 363,018 | 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 StockF3 | $5.00 | Sep 19, 2016 | M | 11,250 | D | — | Jan 31, 2018 | Common Stock | 11,250 | 0 | D |
| Options to Purchase Common StockF3 | $5.00 | Sep 19, 2016 | M | 22,500 | D | — | Jan 31, 2018 | Common Stock | 22,500 | 0 | D |
| Options to Purchase Common StockF3 | $3.00 | Sep 19, 2016 | M | 164,250 | D | — | Mar 31, 2019 | Common Stock | 164,250 | 0 | 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 August 3, 2016.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.85 to $27.12, 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 options to purchase shares of common stock, par value $0.01 per share ("Common Stock") of Sabre Corporation (the "Issuer") are fully vested and immediately exercisable.