AI assistant
AVIS BUDGET GROUP, INC. — Director's Dealing 2014
Jan 24, 2014
30956_dirs_2014-01-24_93dc6092-f604-4f45-9b1e-7d1a95923bc1.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: 2014-01-22
Reporting Person: Gartland Thomas M (President, North America)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-23 | Common Stock | M | 9434 | — | Acquired | 90083 | Direct |
| 2014-01-23 | Common Stock | F | 3576 | $40.07 | Disposed | 86507 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-22 | Restricted Stock Units | $0.0 | A | 14581 | Acquired | Common Stock (14581.0) | Direct | |
| 2014-01-22 | Performance Based Restricted Stock Units | $0.0 | A | 21871 | Acquired | Common Stock (21871.0) | Direct | |
| 2014-01-23 | Restricted Stock Units | $0.0 | M | 9434 | Disposed | Common Stock (9434.0) | Direct |
Footnotes
F1: Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis.
F2: Represents tax withholdings in connection with the vesting of 9,434 shares of restricted stock units.
F3: Grant vests in three equal installments on January 22, 2015, 2016 and 2017.
F4: Expiration date not applicable.
F5: Units vest on January 22, 2017 based on the Company's attainment of pre-established financial performance goals.
F6: Grant vests in three equal installments on January 23, 2014, 2015 and 2016.