Ferraro Joseph A. 4

4 · AVIS BUDGET GROUP, INC. · Filed Mar 12, 2024

Form 4

Period: 2024-03-09

President and CEO

Transactions

Exercise/Conversion
Performance Based Restricted Stock Units
2024-03-09−60,222→ 0 total
Exercise: $0.00→ Common Stock (60,222 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-09−4,150→ 8,300 total
Exercise: $0.00→ Common Stock (4,150 underlying)
Exercise/Conversion
Common Stock
2024-03-09+86,651→ 304,056 total
Tax Payment
Common Stock
2024-03-09$111.96/sh−42,437$4,751,247→ 261,619 total
Exercise/Conversion
Restricted Stock Units
2024-03-09−13,383→ 0 total
Exercise: $0.00→ Common Stock (13,383 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-09−4,450→ 4,451 total
Exercise: $0.00→ Common Stock (4,450 underlying)
Exercise/Conversion
Dividend Equivalent Units
2024-03-09−4,446→ 3,075 total
Exercise: $0.00→ Common Stock (4,446 underlying)

Holdings

Footnotes (9)

[F1]Represents restricted stock units and dividend equivalent units which automatically convert to Common Stock upon the vesting and settlement of such units on a one-to-one basis.
[F2]Represents tax withholdings in connection with the vesting of restricted stock units.
[F3]Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.
[F4]Units vested on March 9, 2024 based on the Company's attainment of pre-established performance goals.
[F5]Expiration date not applicable.
[F6]Units vested in three equal installments on March 9, 2022, 2023 and 2024.
[F7]Units vest in three equal installments on March 9, 2023, 2024 and 2025.
[F8]Units vest in three equal installments on March 9, 2024, 2025 and 2026.
[F9]Represents dividend equivalent units accrued on restricted stock units and performance-based restricted stock units which become exercisable proportionately, on a one-on-one basis, subject to the same terms and conditions, including vesting and settlement, as the restricted stock units to which they relate.

Documents

1 file