AVIS BUDGET GROUP, INC. 4
4 · AVIS BUDGET GROUP, INC. · Filed Jan 24, 2014
Insider Transaction Report
Form 4
Siniscalchi Patric
EVP, International Operations
Transactions
- Exercise/Conversion
Common Stock
2014-01-23+7,861→ 99,630 total - Tax Payment
Common Stock
2014-01-23$40.07/sh−3,009$120,571→ 96,621 total - Award
Performance Based Restricted Stock Units
2014-01-22+18,226→ 18,226 totalExercise: $0.00→ Common Stock (18,226 underlying) - Exercise/Conversion
Restricted Stock Units
2014-01-23−7,861→ 15,724 totalExercise: $0.00→ Common Stock (7,861 underlying) - Award
Restricted Stock Units
2014-01-22+12,151→ 12,151 totalExercise: $0.00→ Common Stock (12,151 underlying)
Footnotes (6)
- [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 7,861 shares of restricted stock units.
- [F3]Grant vests in three equal installments on January 22, 2015, 2016 and 2017.
- [F4]Expiration date not applicable.
- [F5]Units vest on January 22, 2017 based on the Company's attainment of pre-established financial performance goals.
- [F6]Grant vests in three equal installments on January 23, 2014, 2015 and 2016.