Sabre Corporation
Sabre Corp (Form: 4, Received: 04/28/2017 17:00:41)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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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 *

Simonson Richard A
2. Issuer Name and Ticker or Trading Symbol

Sabre Corp [ SABR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Executive Vice President, CFO
(Last)          (First)          (Middle)

3150 SABRE DR
3. Date of Earliest Transaction (MM/DD/YYYY)

4/27/2017
(Street)

SOUTHLAKE, TX 76092
(City)        (State)        (Zip)
4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/27/2017     M (1)    145500   A $9.97   333016   D    
Common Stock   4/27/2017     M (1)    4206   A $16.68   337222   D    
Common Stock   4/27/2017     S (1)    142119   D $23.2394   (2) 195103   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options to Purchase Common Stock   $9.97   4/27/2017     M   (1)       145500      (3) 3/11/2023   Common Stock   145500.0   $0   255000   D    
Options to Purchase Common Stock   $16.68   4/27/2017     M   (1)       4206      (4) 4/17/2024   Common Stock   4206.0   $0   58877   D    

Explanation of Responses:
(1)  This transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on August 12, 2016.
(2)  The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.15 to $23.36, inclusive. The reporting person undertakes to provide to Sabre Corporation, any security holder of Sabre Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
(3)  The options to purchase shares of common stock of Sabre Corporation are fully vested and immediately exercisable.
(4)  The options vested and became exercisable as to 25% of the shares of common stock, par value $0.01 per share (the "Common Stock") subject to each such option on March 15, 2015 and vest as to 6.25% of such shares of Common Stock at the end of each successive three-month period thereafter, subject to Mr. Simonson's continued employment through each vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Simonson Richard A
3150 SABRE DR
SOUTHLAKE, TX 76092


Executive Vice President, CFO

Signatures
/s/ Steve W. Milton as attorney-in-fact for Richard A. Simonson 4/28/2017
** 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 4(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).
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