SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 06/08/2020 | 3. Issuer Name and Ticker or Trading Symbol Sabre Corp [ SABR ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 94,443(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Options to Purchase Common Stock | (2) | 07/15/2026 | Common Stock | 13,120 | 28.98 | D | |
Options to Purchase Common Stock | (3) | 03/15/2027 | Common Stock | 17,415 | 22.01 | D | |
Options to Purchase Common Stock | (4) | 03/15/2028 | Common Stock | 22,840 | 22.03 | D | |
Options to Purchase Common Stock | (5) | 03/15/2029 | Common Stock | 23,166 | 21.35 | D | |
Options to Purchase Common Stock | (6) | 10/15/2029 | Common Stock | 28,924 | 21.45 | D | |
Options to Purchase Common Stock | (7) | 03/13/2030 | Common Stock | 60,060 | 8.33 | D |
Explanation of Responses: |
1. Includes the following grants of restricted stock units: (i)13,120 restricted stock units awarded on 7/15/2016. This restricted stock unit award vested as to 25% of the shares of common stock subject to such award on each of 7/15/2017 7/15/2018, and 7/15/2019 and will vest as to 25% on 7/15/2020. (ii) 16,484 restricted stock units awarded on 9/15/2017. This restricted stock unit award will vest 100% on 9/15/2020. (iii) 16,240 restricted stock units awarded on 8/15/2018.This restricted stock unit award vested as to 25% of the shares of common stock subject to such award on 8/15/2019, and will vest as to 25% of the shares on each of 8/15/2020, 8/15/2021 and 8/15/2022. (iv) 28,924 restricted stock units awarded on 10/15/2019. This restricted stock unit award will vest as to 25% of the shares on each of 10/15/2020, 10/15/2021, 10/15/2022, and 10/15/2023. All awards vestings are subject to the reporting person's continued employment on the vesting dates. |
2. The options vest and become exercisable as to 25% of the shares of Common Stock of the Issuer subject to each such option on the first anniversary of the date of grant of July 15, 2016 and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the reporting person's continued employment with the Issuer through each vesting date. |
3. The options vest and become exercisable as to 25% of the shares of Common Stock of the Issuer subject to each such option on the first anniversary of the date of grant of March 15, 2017 and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the reporting person's continued employment with the Issuer through each vesting date. |
4. The options vest and become exercisable as to 25% of the shares of Common Stock of the Issuer subject to each such option on the first anniversary of the date of grant of March 15, 2018 and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the reporting person's continued employment with the Issuer through each vesting date. |
5. The options vest and become exercisable as to 25% of the shares of Common Stock of the Issuer subject to each such option on the first anniversary of the date of grant of March 15, 2019 and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the reporting person's continued employment with the Issuer through each vesting date. |
6. The options vest and become exercisable as to 25% of the shares of Common Stock of the Issuer subject to each such option on the first anniversary of the date of grant of October 15, 2019 and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the reporting person's continued employment with the Issuer through each vesting date. |
7. The options were granted on March 13, 2020 and vest and become exercisable in three equal installments of 33 1/3% on March 15, 2021, March 15, 2022 and March 15, 2023, subject to the reporting person's continued employment with the Issuer through each vesting date. |
Remarks: |
/s/ Steve Milton, as attorney-in-fact for David D. Moore | 06/17/2020 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |