Calabria David T 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 19, 2018
Insider Transaction Report
Form 4
Calabria David T
VP & Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2018-03-15+3,951→ 3,951 totalExercise: $0.00→ Common Stock (3,951 underlying) - Award
Performance Based Restricted Stock Units
2018-03-15+1,693→ 1,693 totalExercise: $0.00→ Common Stock (1,693 underlying)
Footnotes (4)
- [F1]Represents restricted stock units which automatically convert to common stock upon the vesting of such units on a one-to-one basis.
- [F2]Units vest on March 15, 2021 based on the Company's attainment of pre-established financial performance goals. The number of units which would vest range form zero to 200% of the target number of units reported above depending on achievement of such performance goals.
- [F3]Expiration date not applicable.
- [F4]Units vest in three equal installments on March 15, 2019, 2020 and 2021.