Simhambhatla Ravi 4
4 · AVIS BUDGET GROUP, INC. · Filed Jul 30, 2024
Insider Transaction Report
Form 4
Simhambhatla Ravi
EVP, CDIO - see remarks
Transactions
- Exercise/Conversion
Dividend Equivalent Units
2024-07-26−940→ 1,216 totalExercise: $0.00→ Common Stock (940 underlying) - Exercise/Conversion
Restricted Stock Units
2024-07-26−16,878→ 16,878 totalExercise: $0.00→ Common Stock (16,878 underlying) - Exercise/Conversion
Common Stock
2024-07-26+18,324→ 19,189 total - Tax Payment
Common Stock
2024-07-26$104.74/sh−7,871$824,409→ 11,318 total - Exercise/Conversion
Restricted Stock Units
2024-07-26−506→ 507 totalExercise: $0.00→ Common Stock (506 underlying)
Footnotes (6)
- [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 vest in two equal installments on July 26, 2024 and 2026.
- [F4]Expiration date not applicable.
- [F5]Units vest in three equal installments on July 26, 2023, 2024 and 2025.
- [F6]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.