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AVIS BUDGET GROUP, INC. — Director's Dealing 2014
Feb 28, 2014
30956_dirs_2014-02-28_050faefd-ad43-4dd8-93b4-78ad7a8f00fa.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: Gartland Thomas M (President, North America)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-26 | Common Stock | M | 5000 | $0.79 | Acquired | 117275 | Direct |
| 2014-02-26 | Common Stock | M | 5000 | $0.79 | Acquired | 122275 | Direct |
| 2014-02-26 | Common Stock | S | 41626 | $46.54 | Disposed | 80649 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-26 | Stock options (right to buy) | $0.79 | M | 5000 | Disposed | 2019-01-28 | Common Stock (5000.0) | Direct |
| 2014-02-26 | Stock options (right to buy) | $0.79 | M | 5000 | Disposed | 2019-01-28 | Common Stock (5000.0) | 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 $46.12 to $46.82. Mr. Gartland 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.