Cem Tanyel - 15 Mar 2022 Form 4 Insider Report for Sabre Corp (SABR)

Role
Executive Vice President
Signature
/s/ Steve Milton, as attorney-in-fact for Cem Tanyel
Issuer symbol
SABR
Transactions as of
15 Mar 2022
Net transactions value
+$363,298
Form type
4
Filing time
17 Mar 2022, 20:22:07 UTC
Previous filing
10 Feb 2022
Next filing
17 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SABR Common Stock Tax liability $136,705 -14,255 -9.7% $9.59 132,654 15 Mar 2022 Direct F1
transaction SABR Common Stock Award $500,003 +52,138 +39% $9.59 184,792 15 Mar 2022 Direct F2
transaction SABR Common Stock Award $0 +58,530 +32% $0.000000 243,322 15 Mar 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This 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.
F2 The reporting person received a grant of restricted share units on the transaction date. The restricted share units award vests as follows:33 1/3% on the first anniversary of the date of grant (3/15/23), 33 1/3% on the second anniversary of the date of grant (3/15/24), and 33 1/3% on the third anniversary of the date of grant (3/15/25), subject to the reporting person's continued employment with the Issuer through each vesting date.
F3 Represents performance-based restricted share units that have vested and are paid out in shares of common stock.