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AVIS BUDGET GROUP, INC. — Director's Dealing 2018
Mar 19, 2018
30956_dirs_2018-03-19_ad04db67-30ad-43db-b45e-8146822957b7.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: 2018-03-15
Reporting Person: Calabria David T (SVP & Chief Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-15 | Performance Based Restricted Stock Units | $0.0 | A | 1693 | Acquired | Common Stock (1693.0) | Direct | |
| 2018-03-15 | Restricted Stock Units | $0.0 | A | 3951 | Acquired | Common Stock (3951.0) | Direct |
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: Units vest on March 15, 2021 based on the Company's attainment of pre-established financial performance goals. The number of units which would vest range form zero to 200% of the target number of units reported above depending on achievement of such performance goals.
F3: Expiration date not applicable.
F4: Units vest in three equal installments on March 15, 2019, 2020 and 2021.