Ferraro Joseph A. 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 15, 2024
Insider Transaction Report
Form 4
Ferraro Joseph A.
President and CEO
Transactions
- Award
Restricted Stock Units
2024-03-13+23,652→ 23,652 totalExercise: $0.00→ Common Stock (23,652 underlying) - Award
Performance Based Restricted Stock Units
2024-03-13+23,652→ 23,652 totalExercise: $0.00→ Common Stock (23,652 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 in three equal installments on March 13, 2025, 2026 and 2027.
- [F3]Expiration date not applicable.
- [F4]Units vest on March 13, 2027 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.