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AVIS BUDGET GROUP, INC. — Director's Dealing 2010
Mar 9, 2010
30956_dirs_2010-03-09_02e23ee1-12d6-4f8d-8e40-99bae0adc0e9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2010-03-06
Reporting Person: De Shon Larry D (EVP, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-06 | Common Stock | M | 4063 | — | Acquired | 26522 | Direct |
| 2010-03-06 | Common Stock | F | 1306 | $11.53 | Disposed | 25216 | Direct |
| 2010-03-06 | Common Stock | M | 7607 | — | Acquired | 32823 | Direct |
| 2010-03-06 | Common Stock | F | 2445 | $11.53 | Disposed | 30378 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-06 | Restricted Stock Units | $0 | M | 4063 | Disposed | Common Stock (4063) | Direct | |
| 2010-03-06 | Restricted Stock Units | $0 | M | 7607 | Disposed | Common Stock (7607) | Direct |
Footnotes
F1: Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis.
F2: Represents tax withholdings in connection with the vesting of 4,063 shares of restricted stock units.
F3: Original grant vests in four installments on March 6, 2008, 2009, 2010 and 2011.
F4: Represents tax withholdings in connection with the vesting of 7,607 shares of restricted stock units.
F5: Original grant vests in four installments on March 6, 2009, 2010, 2011 and 2012.
F6: Expiration date not applicable.