Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(d) Effective October 20, 2022, the Board of Directors (the "Board") of Sabre
Corporation ("Sabre") elected Rachel Gonzalez as a director. There are no
arrangements or understandings between Ms. Gonzalez and other persons pursuant
to which she was selected as a director, and Ms. Gonzalez has not been appointed
to any committees of the Board at this time. Ms. Gonzalez served as Executive
Vice President, General Counsel, Law and Corporate Affairs of Starbucks
Corporation, a premier roaster, marketer and retailer of specialty coffee, from
2018 to 2022, and as its Corporate Secretary from 2018 to 2021. Prior to joining
Starbucks, Ms. Gonzalez served as Executive Vice President and Chief
Administrative Officer of Sabre from May 2017 to March 2018, and as Sabre's
Executive Vice President and General Counsel from September 2014 to May 2017.
Ms. Gonzalez serves as a director of Electronic Arts Inc., a digital interactive
entertainment company, and as an observer to the Board of Directors of Vacasa,
Inc., a vacation rental management platform. Sabre has not entered into any
transactions with Ms. Gonzalez that would require disclosure pursuant to Item
404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.
Ms. Gonzalez will participate in Sabre's non-employee director compensation
program. Currently under this program, she is entitled to receive a $90,000
annual retainer. In addition, currently under the program she is entitled to
receive a one-time restricted stock unit award with a grant date value of
$400,000, vesting ratably over four years from the date of grant, in connection
with her election to the Board of Directors, and an annual restricted stock unit
award on March 15 of each year with a grant date value of $160,000, vesting in
full on the first anniversary of the date of grant.
A copy of the news release announcing the election of Ms. Gonzalez to Sabre's
Board is attached as Exhibit 99.1.
Item 9.01. Exhibits
(d) Exhibits
99.1 Press Release, dated October 20, 2022.
104 Cover Page Interactive Data File-formatted as Inline XBRL.
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