AI assistant
AVIS BUDGET GROUP, INC. — Director's Dealing 2013
Jan 29, 2013
30956_dirs_2013-01-29_e3b765e3-beda-4ef6-b95e-42a395218340.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2013-01-25
Reporting Person: Martins Izilda P (VP and Acting CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-01-25 | Common Stock | M | 3848 | — | Acquired | 17482 | Direct |
| 2013-01-25 | Common Stock | F | 1526 | $21.99 | Disposed | 15956 | Direct |
| 2013-01-26 | Common Stock | M | 3648 | — | Acquired | 19604 | Direct |
| 2013-01-26 | Common Stock | F | 1251 | $21.99 | Disposed | 18353 | Direct |
| 2013-01-27 | Common Stock | M | 3744 | — | Acquired | 22097 | Direct |
| 2013-01-27 | Common Stock | F | 1280 | $21.99 | Disposed | 20817 | Direct |
| 2013-01-27 | Common Stock | M | 4814 | — | Acquired | 25631 | Direct |
| 2013-01-27 | Common Stock | F | 1654 | $21.99 | Disposed | 23977 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-01-25 | Restricted Stock Units | $0 | M | 3848 | Disposed | Common Stock (3848) | Direct | |
| 2013-01-26 | Restricted Stock Units | $0 | M | 3648 | Disposed | Common Stock (3648) | Direct | |
| 2013-01-27 | Restricted Stock Units | $0 | M | 3744 | Disposed | Common Stock (3744) | Direct | |
| 2013-01-27 | Performance Based Restricted Stock Units | $0 | M | 4814 | Disposed | Common Stock (4814) | 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 3,848 shares of restricted stock units.
F3: Original grant vests in three equal installments on January 25, 2013, 2014 and 2015.
F4: Represents tax withholdings in connection with the vesting of 3,648 shares of restricted stock units.
F5: Original grant vests in three equal installments on January 26, 2012, 2013 and 2014.
F6: Represents tax withholdings in connection with the vesting of 3,744 shares of restricted stock units.
F7: Original grant vests in three equal installments on January 27, 2011, 2012 and 2013.
F8: Represents tax withholdings in connection with the vesting of 4,814 shares of performance based restricted stock units.
F9: 100% of the units vested on the third anniversary of the date of grant upon the Company's achievement of certain average price-per share performance goals.
F10: Expiration date not applicable.