Shawn Williams - Mar 15, 2022 Form 4 Insider Report for Sabre Corp (SABR)

Signature
/s/ Steve Milton, as attorney-in-fact for Shawn Williams
Stock symbol
SABR
Transactions as of
Mar 15, 2022
Transactions value $
$706,428
Form type
4
Date filed
3/17/2022, 08:29 PM
Previous filing
Oct 8, 2021
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SABR Common Stock Tax liability -$43.6K -4.54K -6.01% $9.59 71K Mar 15, 2022 Direct F1
transaction SABR Common Stock Award $750K +78.2K +110.16% $9.59 149K Mar 15, 2022 Direct F2
transaction SABR Common Stock Award $0 +18.7K +12.5% $0.00 168K Mar 15, 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.