Rankin Patrick K 4

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

Form 4

Period: 2024-03-09

President, International

Transactions

Exercise/Conversion
Restricted Stock Units
2024-03-09−2,677→ 0 total
Exercise: $0.00→ Common Stock (2,677 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-09−798→ 1,596 total
Exercise: $0.00→ Common Stock (798 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-09−856→ 856 total
Exercise: $0.00→ Common Stock (856 underlying)
Exercise/Conversion
Dividend Equivalent Units
2024-03-09−884→ 894 total
Exercise: $0.00→ Common Stock (884 underlying)
Exercise/Conversion
Common Stock
2024-03-09+17,260→ 76,932 total
Tax Payment
Common Stock
2024-03-09$111.96/sh−8,117$908,779→ 68,815 total
Exercise/Conversion
Performance Based Restricted Stock Units
2024-03-09−12,045→ 0 total
Exercise: $0.00→ Common Stock (12,045 underlying)

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

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