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AVIS BUDGET GROUP, INC. — Director's Dealing 2020
Sep 4, 2020
30956_dirs_2020-09-04_544f3504-23b7-4ddb-90dc-702424bbfc07.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: 2020-09-02
Reporting Person: Hees Bernardo (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-02 | Common Stock | D | 1831 | — | Disposed | 1525 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 430169 | Indirect |
Footnotes
F1: Represents the partial cancellation of the 2020 equity award granted in February 2020 and scheduled to vest in 2021 under the Company's non-employee director compensation program. The partial cancellation resulted from Mr. Hees becoming an employee director as a result of his appointment as Executive Chairman.
F2: Reflects 286,780 shares held by the BVH Trust and 143,389 shares held by the BHJH LLC. By virtue of his position as trustee of the BVH Trust and chief investment adviser of BHJH LLC, Bernardo Hees may be deemed to be a beneficial owner of the securities listed.