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4//SEC Filing

Rankin Patrick K 4

Accession 0000723612-23-000024

CIK 0000723612other

View on SEC.gov Company Profile

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 5:36 PM ET

Size

19.6 KB

Accession

0000723612-23-000024

Insider Transaction Report

Form 4

Period: 2023-03-09

AVIS BUDGET GROUP, INC.CAR

Rankin Patrick K

President, International

Transactions

Tax Payment
Common Stock
2023-03-09$208.84/sh−28,963$6,048,633→ 74,589 total
Exercise/Conversion
Common Stock
2023-03-09+61,617→ 103,552 total
Exercise/Conversion
Restricted Stock Units
2023-03-09−8,298→ 0 total
Exercise: $0.00→ Common Stock (8,298 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-09$40.00/sh−2,677$107,080→ 2,677 total
Exercise: $0.00→ Common Stock (2,677 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-09−856→ 1,712 total
Exercise: $0.00→ Common Stock (856 underlying)
Exercise/Conversion
Performance Based Restricted Stock Units
2023-03-09−49,786→ 0 total
Exercise: $0.00→ Common Stock (49,786 underlying)
Award
Restricted Stock Units
2023-03-09+2,394→ 2,394 total
Exercise: $0.00→ Common Stock (2,394 underlying)
Award
Performance Based Restricted Stock Units
2023-03-09+2,394→ 2,394 total
Exercise: $0.00→ Common Stock (2,394 underlying)

Footnotes (9)

[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 in three equal installments on March 9, 2021, 2022 and 2023.
[F4]Expiration date not applicable.
[F5]Units vest in three equal installments on March 9, 2022, 2023 and 2024.
[F6]Units vest in three equal installments on March 9, 2023, 2024 and 2025.
[F7]Units vested on March 9, 2023 based on the Company's attainment of pre-established performance goals.
[F8]Units vest in three equal installments on March 9, 2024, 2025 and 2026.
[F9]Units vest on March 9, 2026 based on the Company's attainment of pre-established performance goals. The number of units which could vest range from zero to 150% of the target number of units reported above depending on achievement of such performance goals.

Documents

1 file

4
wf-form4_167874338248459.xmlPrimary
FORM 4

Issuer

AVIS BUDGET GROUP, INC.

CIK 0000723612

Entity typeother

Related Parties

1

filerCIK 0001779736

Filing Metadata

Form type: 4
Filed: Mar 12, 8:00 PM ET
Accepted: Mar 13, 5:36 PM ET
Size: 19.6 KB

View on SEC.gov