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AVIS BUDGET GROUP, INC. — Director's Dealing 2013
May 10, 2013
30956_dirs_2013-05-10_35c8a14e-658c-432c-a1eb-935d5fd02d5a.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: 2013-05-08
Reporting Person: Siniscalchi Patric (Pres, Latin Amer/Asia Pacific)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-08 | Common Stock | M | 10000 | $.79 | Acquired | 103419 | Direct |
| 2013-05-08 | Common Stock | M | 10000 | $.79 | Acquired | 113419 | Direct |
| 2013-05-08 | Common Stock | S | 20000 | $30.74 | Disposed | 93419 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-08 | Stock Options (right to buy) | $.79 | M | 10000 | Disposed | 2019-01-28 | Common Stock (10000) | Direct |
| 2013-05-08 | Stock Options (right to buy) | $0.79 | M | 10000 | Disposed | 2019-01-28 | Common Stock (10000) | 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 $30.71 to $30.76. 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.