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AVIS BUDGET GROUP, INC. — Director's Dealing 2011
Mar 8, 2011
30956_dirs_2011-03-08_70802937-6020-45e8-9e18-406b52505613.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: 2011-03-06
Reporting Person: Siniscalchi Patric (EVP, International Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-06 | Common Stock | M | 3251 | — | Acquired | 45769 | Direct |
| 2011-03-06 | Common Stock | F | 1503 | $16.00 | Disposed | 44266 | Direct |
| 2011-03-06 | Common Stock | M | 5266 | — | Acquired | 49532 | Direct |
| 2011-03-06 | Common Stock | F | 2434 | $16.00 | Disposed | 47098 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-03-06 | Restricted Stock Units | $0 | M | 3251 | Disposed | Common Stock (3251) | Direct | |
| 2011-03-06 | Restricted Stock Units | $0 | M | 5266 | Disposed | Common Stock (5266) | 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 3,251 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 5,266 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.