SHIRK DAVID J 4
4 · Sabre Corp · Filed Mar 17, 2020
Insider Transaction Report
Form 4
Sabre CorpSABR
SHIRK DAVID J
Executive Vice President
Transactions
- Award
Common Stock
2020-03-15+64,623→ 164,698 total - Award
Options to Purchase Common Stock
2020-03-13+120,120→ 120,120 totalExercise: $8.33Exp: 2030-03-13→ Common Stock (120,120 underlying) - Tax Payment
Common Stock
2020-03-15$8.33/sh−15,737$131,089→ 148,961 total
Footnotes (3)
- [F1]Represents performance-based restricted share units that have vested and are paid out in shares of common stock. 23,792 shares are from a grant dated March 15, 2018, 16,700 shares are from a grant dated August 15, 2018 and 24,131 shares are from a grant dated March 15, 2019.
- [F2]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.
- [F3]The options 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.