Shammo Francis 4
4 · AVIS BUDGET GROUP, INC. · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Shammo Francis
Director
Transactions
- Award
Common Stock
2020-02-21$47.94/sh+2,374$113,810→ 8,513 total(indirect: Held by NQ Deferred Compensation Plan)
Footnotes (1)
- [F1]Represents restricted stock units awarded as part of the Company's non-employee director compensation program. Units automatically convert to Common Stock upon vesting on a one-to-one basis. Award will fully vest on the one-year anniversary of the date of grant or will vest on a prorated basis if Board service ends prior to such one-year anniversary. Upon vesting award will be deferred under the Non-Employee Directors Deferred Compensation Plan and will be payable in accordance with the deferral election made in accordance with the terms of the plan.