Paul G. Abbott - Aug 12, 2022 Form 4 Insider Report for Global Business Travel Group, Inc. (GBTG)

Role
Chief Executive Officer, Director
Signature
/s/ Jennifer Giampietro, as Attorney-in-Fact
Stock symbol
GBTG
Transactions as of
Aug 12, 2022
Transactions value $
$0
Form type
4
Date filed
8/16/2022, 07:15 PM
Previous filing
Jun 14, 2022
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBTG Class A Common Stock Award +391K 391K Aug 12, 2022 Direct F1, F2
transaction GBTG Class A Common Stock Award +391K +100% 781K Aug 12, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents portions of cash-based awards originally granted by GBT JerseyCo Limited ("GBT") prior to the business combination pursuant to which Global Business Travel Group, Inc. (the "Issuer") acquired GBT, that have been replaced by equity awards of the Issuer. The restricted stock unit awards reported herein were granted by the Issuer upon the filing of the Form S-8 by the Issuer on August 12, 2022.
F2 Represents time-based restricted stock units granted by the Issuer that replaced the performance-based portion of long-term cash incentive awards originally granted by GBT on November 5, 2020. These restricted stock units vest on September 1, 2023.
F3 Represents time-based restricted stock units granted by the Issuer that replaced the performance-based portion of long-term cash incentive awards originally granted by GBT on September 1, 2021. These restricted stock units vest on September 1, 2024.