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AVIS BUDGET GROUP, INC. — Director's Dealing 2013
Jan 25, 2013
30956_dirs_2013-01-25_4a5b5f3a-0b7b-4ae2-bd82-488e4b1fad2d.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: 2013-01-23
Reporting Person: Servodidio Mark J (EVP, Chief Admin Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-01-23 | Restricted Stock Units | $0 | A | 24764 | Acquired | Common Stock (24764) | Direct | |
| 2013-01-23 | Performance Based Restricted Stock Units | $0 | A | 15920 | Acquired | Common Stock (15920) | Direct |
Footnotes
F1: Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.
F2: Grant vests in three equal installments on January 23, 2014, 2015 and 2016.
F3: Units vest on January 23, 2016 based on the Company's attainment of pre-established financial performance goals.
F4: Expiration date not applicable.
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