4//SEC Filing
Sabre Corp 4
Accession 0000903423-15-000510
$SABRCIK 0001597033operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 5:06 PM ET
Size
15.5 KB
Accession
0000903423-15-000510
Insider Transaction Report
Form 4
Sabre CorpSABR
Silver Lake Group, L.L.C.
10% Owner
Transactions
- Sale
Common Stock
2015-08-10$26.70/sh−10,085,213$269,275,187→ 73,608,889 total(indirect: See Explanation of Responses) - Other
Common Stock
2015-08-10−109,000→ 73,499,889 total(indirect: See Explanation of Responses)
Transactions
- Other
Common Stock
2015-08-10−109,000→ 73,499,889 total(indirect: See Explanation of Responses) - Sale
Common Stock
2015-08-10$26.70/sh−10,085,213$269,275,187→ 73,608,889 total(indirect: See Explanation of Responses)
SILVER LAKE PARTNERS II L P
10% Owner
Transactions
- Sale
Common Stock
2015-08-10$26.70/sh−10,085,213$269,275,187→ 73,608,889 total(indirect: See Explanation of Responses) - Other
Common Stock
2015-08-10−109,000→ 73,499,889 total(indirect: See Explanation of Responses)
Transactions
- Sale
Common Stock
2015-08-10$26.70/sh−10,085,213$269,275,187→ 73,608,889 total(indirect: See Explanation of Responses) - Other
Common Stock
2015-08-10−109,000→ 73,499,889 total(indirect: See Explanation of Responses)
Footnotes (7)
- [F1]The price represents the public offering price of $26.85 per share of common stock ("Common Stock") of Sabre Corporation ("the Issuer") less the underwriters' discount of $0.15 per share of Common Stock.
- [F2]Silver Lake Group, L.L.C. ("SLG") is the managing member of Silver Lake Technology Associates II, L.L.C. ("Associates II"), which is the general partner of (a) Silver Lake Partners II, L.P. ("Partners II"), which directly holds 39,846,027 shares of Common Stock, and (b) Silver Lake Technology Investors II, L.P. ("Investors II"), which directly holds 162,375 shares of Common Stock.
- [F3]As the sole general partner of Partners II and Investors II, Associates II may be deemed to share voting and dispositive power with respect to the shares of Common Stock directly held by Partners II and Investors II. As the sole managing member of Associates II, SLG may be deemed to share voting and dispositive power with respect to the shares of Common Stock directly held by Partners II and Investors II.
- [F4]Partners II is a member of Sovereign Manager Co-Invest, LLC, which is the managing member of Sovereign Co-Invest, LLC ("Co-Invest"), which directly holds 33,600,487 shares of Common Stock. Co-Invest is managed by a management committee consisting of two managers, one of which is designated by Partners II. Because of the relationship among them, each of Partners II, Associates II and SLG may be deemed to share voting and dispositive power with respect to the shares of Common Stock directly held by Co-Invest.
- [F5]Each of SLG, Associates II, Partners II and Investors II (collectively, the "Reporting Persons") disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
- [F6]Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.
- [F7]Distribution of 109,000 shares of Common Stock by Partners II through Associates II to certain direct and indirect members of Associates II for the sole purpose of charitable giving.
Documents
Issuer
Sabre Corp
CIK 0001597033
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001597033
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 5:06 PM ET
- Size
- 15.5 KB