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AVIS BUDGET GROUP, INC. — Director's Dealing 2021
Mar 11, 2021
30956_dirs_2021-03-11_8b03fc38-3381-46e1-8118-33be2cc046a9.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: 2021-03-09
Reporting Person: DeGenova Cathleen (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-09 | Common Stock | M | 1383 | — | Acquired | 1666 | Direct |
| 2021-03-09 | Common Stock | F | 643 | $62.27 | Disposed | 1023 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-09 | Restricted Stock Units | $0.0 | M | 1383 | Disposed | Common Stock (1383.0) | Direct | |
| 2021-03-09 | Restricted Stock Units | $0.0 | A | 1493 | Acquired | Common Stock (1493.0) | Direct | |
| 2021-03-09 | Performance Based Restricted Stock Units | $0.0 | A | 996 | Acquired | Common Stock (996.0) | 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 vest in three equal installments on March 9, 2021, 2022 and 2023.
F4: Expiration date not applicable.
F5: Units vest in three equal installments on March 9, 2022, 2023 and 2024.
F6: Units vest on March 9, 2024 based on the Company's attainment of pre-established performance goals. The number of units which could vest range from zero to 150% of the target number of units reported above depending on achievement of such performance goals.