AI assistant
AVIS BUDGET GROUP, INC. — Director's Dealing 2015
Jan 23, 2015
30956_dirs_2015-01-23_2c611d65-c50e-485a-8ab4-54d178e33f8c.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: 2015-01-21
Reporting Person: Ferraro Joseph A. (President, Americas)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-22 | Common Stock | M | 2835 | — | Acquired | 12499 | Direct |
| 2015-01-22 | Common Stock | F | 1107 | $62.93 | Disposed | 11392 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-21 | Restricted Stock Units | $0.0 | A | 16348 | Acquired | Common Stock (16348.0) | Direct | |
| 2015-01-21 | Performance Based Restricted Stock Units | $0.0 | A | 24522 | Acquired | Common Stock (24522.0) | Direct | |
| 2015-01-22 | Restricted Stock Units | $0.0 | M | 2835 | Disposed | Common Stock (2835.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2476 | Indirect |
Footnotes
F1: Represents restricted stock units which automatically convert 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 2,835 shares of restricted stock units.
F3: Units vest in three equal installments on January 21, 2016, 2017 and 2018.
F4: Expiration date not applicable.
F5: Units vest on January 21, 2018 based on the Company's attainment of pre-established financial performance goals.
F6: Grant vests in three equal installments on January 22, 2015, 2016 and 2017.