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AVIS BUDGET GROUP, INC. — Director's Dealing 2014
Feb 28, 2014
30956_dirs_2014-02-28_d0b4b383-5634-4ca8-a485-841f5f5a5ca0.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: 2014-02-26
Reporting Person: Wyshner David B (Sr EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-26 | Common Stock | M | 2871 | $33.2593 | Acquired | 136138 | Direct |
| 2014-02-26 | Common Stock | S | 42871 | $46.56 | Disposed | 93267 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-26 | Stock Option (right to buy) | $33.2593 | M | 2871 | Disposed | 2014-06-03 | Common Stock (2871.0) | Direct |
Footnotes
F1: A portion of the proceeds from the sale were used to pay the exercise price of stock options expiring in June 2014, 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 $46.13 to $46.82. 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.