KROMINGA LYNN 4
4 · AVIS BUDGET GROUP, INC. · Filed Dec 22, 2023
Insider Transaction Report
Form 4
KROMINGA LYNN
Director
Transactions
- Award
Common Stock
2023-12-21+1,451→ 28,404 total(indirect: Held by NQ Deferred Compensation Plan) - Award
Common Stock
2023-12-21+33→ 661 total
Footnotes (2)
- [F1]On December 5, 2023, the Issuer announced that its Board of Directors declared a special cash dividend in the amount of $10.00 per share of its Common Stock, payable on December 21, 2023 to stockholders of record as of the close of business on December 15, 2023 (the "Dividend").
- [F2]Represents dividend equivalent units accrued as a result of the Dividend on restricted stock units awarded to the Reporting Person, including as part of the Company's non-employee director compensation program (the "Original RSUs"). Units automatically convert to Common Stock upon vesting or settlement, as applicable, on a one-to-one basis and, to the extent unvested, will fully vest on the same terms and conditions as the Original RSUs and, to the extent deferred under the Non-Employee Directors Deferred Compensation Plan, will be payable in accordance with the payment and/or deferral election made in accordance with the terms of the plan.