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AVIS BUDGET GROUP, INC. — Director's Dealing 2013
Nov 22, 2013
30956_dirs_2013-11-22_a4317594-ad32-4c81-99ee-91a3d8d54b2b.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: 2013-11-21
Reporting Person: Siniscalchi Patric (Pres, Latin Amer, Asia&Pacific)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-21 | Common Stock | M | 17500 | $0.79 | Acquired | 110919 | Direct |
| 2013-11-21 | Common Stock | M | 7500 | $0.79 | Acquired | 118419 | Direct |
| 2013-11-21 | Common Stock | S | 25000 | $35.71 | Disposed | 93419 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-21 | Stock options (right to buy) | $0.79 | M | 17500 | Disposed | 2019-01-28 | Common Stock (17500.0) | Direct |
| 2013-11-21 | Stock options (right to buy) | $0.79 | M | 7500 | Disposed | 2019-01-28 | Common Stock (7500.0) | Direct |
Footnotes
F1: A portion of the proceeds from the sale were used to pay the exercise price of stock options, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.
F2: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $35.64 to $35.80. Mr. Siniscalchi will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.