SEC Form 4 · accession 0001597033-17-000151
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
Aug 4, 2017
Accepted (ET)
Aug 7, 2017 · 4:23 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 | Aug 4, 2017 | M | 2,749 | $16.68 | A | 82,600 | D | |
| Common StockF1 | Aug 4, 2017 | S | 36,100 | $20.1157 | D | 46,500 | 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 | $16.68 | Aug 4, 2017 | M | 2,749 | D | — | Apr 17, 2024 | Common Stock | 2,749 | 8,250 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.10 to $20.17, 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.
- F2The options vested and became 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 Mr. Jones' continued employment through each vesting date.