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SABR Sabre Corporation

3.40
0.27 (8.63%)
After Hours
Last Updated: 21:02:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sabre Corporation NASDAQ:SABR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.27 8.63% 3.40 3.14 3.42 3.40 3.13 3.13 4,790,042 21:02:00

Initial Statement of Beneficial Ownership (3)

17/04/2014 11:49pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

KLEIN THOMAS

2. Date of Event Requiring Statement (MM/DD/YYYY)
4/17/2014 

3. Issuer Name and Ticker or Trading Symbol

Sabre Corp [SABR]

(Last)        (First)        (Middle)

C/O SABRE CORPORATION, 3150 SABRE DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Chief Executive Officer /

(Street)

SOUTHLAKE, TX 76092       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
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   229722   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: 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     (1) 6/11/2017   Common Stock   634500   $5.00   D    
Options to Purchase Common Stock     (2) 6/11/2017   Common Stock   317250   $5.00   D    
Options to Purchase Common Stock     (1) 1/31/2018   Common Stock   22500   $5.00   D    
Options to Purchase Common Stock     (2) 1/31/2018   Common Stock   11250   $5.00   D    
Options to Purchase Common Stock     (1) 3/31/2019   Common Stock   400000   $3.00   D    
Options to Purchase Common Stock     (1) 3/31/2019   Common Stock   164250   $3.00   D    
Options to Purchase Common Stock     (3) 3/23/2020   Common Stock   350000   $5.23   D    
Options to Purchase Common Stock     (4) 12/3/2022   Common Stock   40000   $9.97   D    
Options to Purchase Common Stock     (5) 8/15/2023   Common Stock   198563   $13.22   D    
Options to Purchase Common Stock     (6) 10/25/2023   Common Stock   200221   $14.01   D    

Explanation of Responses:
( 1)  The options to purchase shares of common stock, par value $0.01 per share ("Common Stock") of Sabre Corporation (the "Issuer") are fully vested and immediately exercisable.
( 2)  The options vest and become exercisable (i) upon a liquidity event where TPG Partners IV, L.P. ("TPG Partners IV"), TPG Partners V, L.P. ("TPG Partners V"), TPG FOF V-A, L.P. ("TPG FOF V-A") and TPG FOF V-B, L.P. ("TPG FOF V-B") (collectively, the TPG Funds") and Silver Lake Partners II, L.P. and Silver Lake Technology Investors II, L.P. (the "Silver Lake Funds," and, collectively with the TPG Funds, the "Principal Stockholders") realize a threshold multiple of money ("MoM") for their interest in the Issuer as determined by the Issuer's board of directors, or (ii) following the third anniversary of an initial public offering of the shares of Common Stock of the Issuer, upon a determination by the Issuer's board of directors that such MoM could be realized by the Principal Stockholders if they sold their remaining interest in the Issuer, and in each case subject to Mr. Klein's continued employment through such date.
( 3)  The options vest and become exercisable as to 25% of the shares of Common Stock subject to each such option on the first anniversary of the date of grant and as to 4.6875% of such shares at the end of each successive three-month period thereafter, subject to Mr. Klein's continued employment through each vesting date. As of the date of this filing, options to purchase 284,375 shares of Common Stock are fully vested and immediately exercisable.
( 4)  The options vest and become exercisable as to 25% of the shares of Common Stock subject to each such option on the first anniversary of the date of grant and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to Mr. Klein's continued employment through each vesting date. As of the date of this filing, options to purchase 12,500 shares of Common Stock are fully vested and immediately exercisable.
( 5)  The options vest and become exercisable as to 25% of the shares of Common Stock subject to each such option on the date of grant and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the Mr. Klein's continued employment through each vesting date. As of the date of this filing, options to purchase 74,461 shares of Common Stock are fully vested and immediately exercisable.
( 6)  The options vest and become exercisable as to 25% of the shares of Common Stock subject to each such option on the date of grant and as to 6.25% of such shares at the end of each successive three-month period thereafter, subject to the Mr. Klein's continued employment through each vesting date. As of the date of this filing, options to purchase 75,082 shares of Common Stock are fully vested and immediately exercisable.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KLEIN THOMAS
C/O SABRE CORPORATION
3150 SABRE DRIVE
SOUTHLAKE, TX 76092
X
Chief Executive Officer

Signatures
By: Thomas Klein 4/17/2014
** 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 control number.

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