Tucker Michael K 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 11, 2020
Insider Transaction Report
Form 4
Tucker Michael K
EVP and General Counsel
Transactions
- Award
Performance Based Restricted Stock Units
2020-03-09+7,112→ 7,112 totalExercise: $0.00→ Common Stock (7,112 underlying) - Award
Restricted Stock Units
2020-03-09+16,596→ 16,596 totalExercise: $0.00→ Common Stock (16,596 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 9, 2023 based on the Company's attainment of pre-established financial performance goals. The number of units which could vest range from 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 9, 2021, 2022 and 2023.