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AVIS BUDGET GROUP, INC. — Director's Dealing 2020
Mar 3, 2020
30956_dirs_2020-03-03_19d07b74-ba14-4fe4-b507-1e4e952ab637.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: 2020-03-01
Reporting Person: Martins Izilda P (Interim President, Americas)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-01 | Common Stock | M | 4952 | — | Acquired | 4952 | Direct |
| 2020-03-01 | Common Stock | F | 1950 | $32.38 | Disposed | 3002 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-01 | Restricted Stock Units | $0.0 | M | 2204 | Acquired | Common Stock (2204.0) | Direct | |
| 2020-03-01 | Performance Based Restricted Stock Units | $0.0 | M | 2748 | Acquired | Common Stock (2748.0) | Direct | |
| 2020-03-02 | Restricted Stock Units | $0.0 | A | 1800 | Acquired | Common Stock (1800.0) | 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: Represents tax withholdings in connection with the vesting of restricted stock units.
F3: Units vested in three equal installments on March 1, 2018, 2019 and 2020.
F4: Expiration date not applicable.
F5: Units vested on March 1, 2020 based on the Company's attainment of pre-established performance goals.
F6: Units vest in two equal installments on September 2, 2020 and September 2, 2021.