AVIS BUDGET GROUP, INC. 4

4 · AVIS BUDGET GROUP, INC. · Filed Mar 3, 2017

Form 4

Period: 2017-03-01

EVP, Strategy

Transactions

Exercise/Conversion
Common Stock
2017-03-01+3,973→ 87,892 total
Tax Payment
Common Stock
2017-03-01$34.41/sh−2,218$76,321→ 85,674 total
Exercise/Conversion
Performance Based Restricted Stock Units
2017-03-01−3,973→ 0 total
Exercise: $0.00→ Common Stock (3,973 underlying)
Award
Performance Based Restricted Stock Units
2017-03-01+5,231→ 5,231 total
Exercise: $0.00→ Common Stock (5,231 underlying)
Award
Restricted Stock Units
2017-03-01+12,206→ 12,206 total
Exercise: $0.00→ Common Stock (12,206 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 restricted stock units.
[F3]Units vested on March 1, 2017 based on the Company's attainment of pre-established financial performance goals.
[F4]Expiration date not applicable.
[F5]Units vest on March 1, 2020 based on the Company's attainment of pre-established performance goals. The number of units which could vest range from zero to of 200% of the target number of units reported above depending on achievement of such performance goals.
[F6]Units vest in three equal installments on March 1, 2018, 2019 and 2020.

Documents

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