Sabre director granted 110,497 stock units
Sabre Corp director Elaine Paul reported receiving a grant of 110,497 shares of common stock in the form of a restricted stock unit award valued at $1.81 per share.
Rhea-AI Filing Summary
Sabre Corp director Elaine Paul reported receiving a grant of 110,497 shares of common stock in the form of a restricted stock unit award valued at $1.81 per share. This is a compensation-related acquisition rather than an open-market purchase.
The award vests as to 100% of the underlying shares at the end of the one-year period following the grant date, contingent on her continued service on Sabre’s board of directors through the vesting date. After this grant, she holds 197,369 shares of Sabre common stock directly. According to her deferral election under the Sabre Corporation Non-Employee Director Compensation Deferral Plan, 100% of the shares received from this award will be deferred.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 110,497 | $1.81 | $200K |
Footnotes (1)
- F1. The restricted stock unit award vests as to 100% of the shares of common stock subject to such award at the end of the one-year period following the grant date, subject to the reporting person's continued service on the board of directors of the Issuer through the vesting date. 100% of the shares received will be deferred pursuant to an election by the reporting person under the Sabre Corporation Non-Employee Director Compensation Deferral Plan.
Key Figures
Key Terms
restricted stock unit award financial
grant, award, or other acquisition financial
Non-Employee Director Compensation Deferral Plan financial
FAQ
What did Sabre (SABR) director Elaine Paul report in this Form 4?
When do Elaine Paul’s new Sabre (SABR) restricted stock units vest?
Is Elaine Paul’s Sabre (SABR) Form 4 transaction a stock purchase?
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