Sabre Corporation

04/26/2024 | Press release | Distributed by Public on 04/26/2024 14:07

Submission of Matters to a Vote of Security Holders - Form 8-K

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As described in Item 5.07 below, Sabre Corporation ("Sabre") held its 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") on April 24, 2024. At the 2024 Annual Meeting, Sabre's stockholders approved the 2024 Omnibus Incentive Compensation Plan (the "2024 Omnibus Plan") and the 2024 Director Equity Compensation Plan (the "2024 Director Plan") (the "Plans"), each of which was adopted by Sabre's Board of Directors on March 4, 2024, subject to stockholder approval at the 2024 Annual Meeting. The effective date of each of the Plans is April 24, 2024.

Under the 2024 Omnibus Plan, eligible participants may be granted certain awards, including cash incentive awards, incentive stock options, non-qualifiedstock options, stock appreciation rights, restricted stock awards, and restricted stock unit awards. A description of the material terms and conditions of the 2024 Omnibus Plan is provided under the heading "Proposal 3: Approval of the Sabre Corporation 2024 Omnibus Incentive Compensation Plan" of Sabre's Proxy Statement filed with the Securities and Exchange Commission on March 15, 2024, which description is incorporated by reference.

Under the 2024 Director Plan, eligible directors may be granted certain awards, including cash awards, non-qualifiedstock options, stock appreciation rights, restricted stock awards, and restricted stock unit awards. A description of the material terms and conditions of the 2024 Director Plan is provided under the heading "Proposal 4: Approval of the Sabre Corporation 2024 Director Equity Compensation Plan" of Sabre's Proxy Statement filed with the Securities and Exchange Commission on March 15, 2024, which description is incorporated herein by reference.

The foregoing description of the Plans is qualified in its entirety the text of the 2024 Omnibus Plan and the 2024 Director Plan, which is included as Exhibits 10.1 and 10.2, respectively, and incorporated herein by reference.