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AVIS BUDGET GROUP, INC. — Director's Dealing 2010
Mar 9, 2010
30956_dirs_2010-03-09_685510fc-7c1e-48d5-829f-f705d815bcbf.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: Weinblatt Brett (SVP, Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-06 | Common Stock | M | 1625 | — | Acquired | 6219 | Direct |
| 2010-03-06 | Common Stock | F | 514 | $11.53 | Disposed | 5705 | Direct |
| 2010-03-06 | Common Stock | M | 1770 | — | Acquired | 7475 | Direct |
| 2010-03-06 | Common Stock | F | 559 | $11.53 | Disposed | 6916 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-06 | Restricted Stock Units | $0 | M | 1625 | Disposed | Common Stock (1625) | Direct | |
| 2010-03-06 | Restricted Stock Units | $0 | M | 1770 | Disposed | Common Stock (1770) | 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 1,625 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 1,770 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.