Evan Konwiser - 26 Jan 2023 Form 4 Insider Report for Global Business Travel Group, Inc. (GBTG)

Role
Title: EVP, Product, Strategy & Communications
Signature
/s/ Jennifer Giampietro, as Attorney-in-Fact
Issuer symbol
GBTG
Transactions as of
26 Jan 2023
Net transactions value
-$29,752
Form type
4
Filing time
30 Jan 2023, 18:13:13 UTC
Previous filing
16 Aug 2022
Next filing
21 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBTG Class A Common Stock Award +421,940 +317% 555,242 26 Jan 2023 Direct F1
transaction GBTG Class A Common Stock Options Exercise $100,628 +17,531 +3.2% $5.74 572,773 26 Jan 2023 Direct F2
transaction GBTG Class A Common Stock Options Exercise $459,332 +70,127 +12% $6.55 642,900 26 Jan 2023 Direct F2
transaction GBTG Class A Common Stock Options Exercise $589,062 +87,658 +14% $6.72 730,558 26 Jan 2023 Direct F2
transaction GBTG Class A Common Stock Tax liability $1,178,774 -165,791 -23% $7.11 564,767 26 Jan 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GBTG Employee Stock Option (right to buy) Disposed to Issuer -43,829 -100% 0 26 Jan 2023 Class A Common Stock 43,829 $14.58 Direct F1, F4
transaction GBTG Employee Stock Option (right to buy) Options Exercise $0 -17,531 -100% $0.000000* 0 26 Jan 2023 Class A Common Stock 17,531 $5.74 Direct F2, F5
transaction GBTG Employee Stock Option (right to buy) Options Exercise $0 -70,127 -100% $0.000000* 0 26 Jan 2023 Class A Common Stock 70,127 $6.55 Direct F2, F5
transaction GBTG Employee Stock Option (right to buy) Options Exercise $0 -87,658 -100% $0.000000* 0 26 Jan 2023 Class A Common Stock 87,658 $6.72 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an exchange of stock options for time-based restricted stock units pursuant to the issuer exchange offer. The restricted stock units shall vest in three equal annual installments beginning on January 26, 2024.
F2 These stock options were mandatorily exercised in connection with an issuer exchange offer.
F3 Reflects shares withheld to cover the reporting person's exercise price and tax withholding obligations in connection with the exercise of stock options reported herein.
F4 These stock options were to vest in five equal annual installments beginning on October 1, 2020.
F5 These stock options were fully vested.

Remarks:

Title: EVP, Product, Strategy & Communications