Filing Details

Accession Number:
0000903423-15-000510
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-12 17:06:03
Reporting Period:
2015-08-10
Filing Date:
2015-08-12
Accepted Time:
2015-08-12 17:06:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1597033 Sabre Corp SABR Services-Computer Programming, Data Processing, Etc. (7370) 208647322
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1277090 P L Ii Partners Lake Silver C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1325822 Silver Lake Technology Investors Ii, L.p. C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1351522 Silver Lake Technology Associates Ii, L.l.c. C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1418226 Silver Lake Group, L.l.c. C/O Silver Lake
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2015-08-10 10,085,213 $26.70 73,608,889 No 4 S Indirect See Explanation of Responses
Common Stock Disposition 2015-08-10 109,000 $0.00 73,499,889 No 4 J Indirect See Explanation of Responses
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Explanation of Responses
No 4 J Indirect See Explanation of Responses
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.