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4//SEC Filing

AVIS BUDGET GROUP, INC. 4

Accession 0000723612-14-000034

$CARCIK 0000723612operating
View on SEC.govCompany Profile

Filed

Jan 27, 7:00 PM ET

Accepted

Jan 28, 4:28 PM ET

Size

19.2 KB

Accession

0000723612-14-000034

Insider Transaction Report

Form 4
Period: 2014-01-25
AVIS BUDGET GROUP, INC.CAR
Siniscalchi Patric
EVP, International Operations
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2014-01-26−8,339→ 0 total
    Exercise: $0.00→ Common Stock (8,339 underlying)
  • Exercise/Conversion

    Common Stock

    2014-01-25+11,574→ 108,195 total
  • Tax Payment

    Common Stock

    2014-01-25$38.60/sh−4,312$166,443→ 103,883 total
  • Exercise/Conversion

    Common Stock

    2014-01-26+8,339→ 112,222 total
  • Exercise/Conversion

    Common Stock

    2014-01-26+16,678→ 124,576 total
  • Tax Payment

    Common Stock

    2014-01-26$38.60/sh−7,750$299,150→ 116,826 total
  • Exercise/Conversion

    Restricted Stock Units

    2014-01-25−11,574→ 11,574 total
    Exercise: $0.00→ Common Stock (11,574 underlying)
  • Tax Payment

    Common Stock

    2014-01-26$38.60/sh−4,324$166,906→ 107,898 total
  • Exercise/Conversion

    Performance Based Restricted Stock Units

    2014-01-26−16,678→ 0 total
    Exercise: $0.00→ Common Stock (16,678 underlying)
Footnotes (8)
  • [F1]Represents restricted stock units which automatically converted 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 11,574 shares of restricted stock units.
  • [F3]Represents tax withholdings in connection with the vesting of 8,339 shares of restricted stock units.
  • [F4]Represents tax withholdings in connection with the vesting of 16,678 shares of restricted stock units.
  • [F5]Original grant vests in three equal installments on January 25, 2013, 2014 and 2015.
  • [F6]Expiration date not applicable.
  • [F7]Original grant vests in three equal installments on January 26, 2012, 2013 and 2014.
  • [F8]100% of the units vested on the third anniversary of the date of grant based on the Company's achievement of certain average price-per share performance goals.

Documents

1 file

Issuer

AVIS BUDGET GROUP, INC.

CIK 0000723612

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000723612

Filing Metadata

Form type
4
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 4:28 PM ET
Size
19.2 KB
View on SEC.gov