AI assistant
AVIS BUDGET GROUP, INC. — Director's Dealing 2013
Jan 4, 2013
30956_dirs_2013-01-04_ff83df0a-6d77-4dfd-84a5-e6dc8bc56011.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: 2013-01-02
Reporting Person: Wyshner David B (Sr EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-01-02 | Common Stock | M | 32200 | $0.79 | Acquired | 130616 | Direct |
| 2013-01-02 | Common Stock | S | 47200 | $20.74 | Disposed | 83416 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-01-02 | Stock options (right to buy) | $0.79 | M | 32200 | Disposed | 2019-01-28 | Common Stock (32200) | Direct |
Footnotes
F1: Sale of shares made pursuant to a pre-established 10b5-1 plan, which was entered into in May 2012. 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 $20.47 to $21.06. Mr. Wyshner 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.