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AVIS BUDGET GROUP, INC. — Director's Dealing 2024
Mar 12, 2024
30956_dirs_2024-03-12_a9b016dd-c566-4df9-8010-3e73d8d9e903.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: 2024-03-09
Reporting Person: Choi Brian J (EVP and CTO - see remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-09 | Common Stock | M | 26412 | — | Acquired | 110015 | Direct |
| 2024-03-09 | Common Stock | F | 12571 | $111.96 | Disposed | 97444 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-09 | Performance Based Restricted Stock Units | $0 | M | 18066 | Disposed | Common Stock (18066) | Direct | |
| 2024-03-09 | Restricted Stock Units | $0 | M | 4015 | Disposed | Common Stock (4015) | Direct | |
| 2024-03-09 | Restricted Stock Units | $0 | M | 1541 | Disposed | Common Stock (1541) | Direct | |
| 2024-03-09 | Restricted Stock Units | $0 | M | 1436 | Disposed | Common Stock (1436) | Direct | |
| 2024-03-09 | Dividend Equivalent Units | $0 | M | 1354 | Disposed | Common Stock (1354) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1735 | Indirect |
Footnotes
F1: Represents restricted stock units and dividend equivalent units which automatically convert to Common Stock upon the vesting and settlement of such units on a one-to-one basis.
F2: Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.
F3: Units vested on March 9, 2024 based on the Company's attainment of pre-established performance goals.
F4: Expiration date not applicable.
F5: Units vested in three equal installments on March 9, 2022, 2023 and 2024.
F6: Units vest in three equal installments on March 9, 2023, 2024 and 2025.
F7: Units vest in three equal installments on March 9, 2024, 2025 and 2026.
F8: Represents dividend equivalent units accrued on restricted stock units and performance-based restricted stock units which become exercisable proportionately, on a one-on-one basis, subject to the same terms and conditions, including vesting and settlement, as the restricted stock units to which they relate.