SEC Form 4 · accession 0001597033-17-000057
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
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 6:12 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 StockF1 | Mar 15, 2017 | A | 86,071 | $0.00 | A | 86,071 | D | |
| Common Stock | Mar 15, 2017 | F | 36,108 | $22.04 | D | 49,963 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance-based restricted share units that have vested and are paid out in shares of common stock. 50,000 shares are from a grant dated 3/11/2013, 12,927 shares are from a grant dated 4/17/2014, 12,718 shares are from a grant dated 3/13/2015, and 10,426 shares are from a grant dated 3/15/2016.
- F2This 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.