4//SEC Filing
Hees Bernardo 4
Accession 0000723612-25-000012
CIK 0000723612other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 5:20 PM ET
Size
12.8 KB
Accession
0000723612-25-000012
Insider Transaction Report
Form 4
Hees Bernardo
Director
Transactions
- Award
Common Stock
2025-03-09+12,178→ 522,614 total(indirect: See footnote) - Exercise/Conversion
Dividend Equivalent Units
2025-03-09−624→ 518 totalExercise: $0.00→ Common Stock (624 underlying) - Tax Payment
Common Stock
2025-03-09$74.49/sh−3,893$289,990→ 518,721 total(indirect: See footnote) - Exercise/Conversion
Performance Based Restricted Stock Units
2025-03-09−11,554→ 0 totalExercise: $0.00→ Common Stock (11,554 underlying)
Holdings
- 3,713(indirect: Held by NQ Deferred Compensation Plan)
Common Stock
Footnotes (6)
- [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]Reflects shares held by the BHJH Master Trust LLC. By virtue of his position as chief investment adviser of BHJH Master Trust, Bernardo Hees may be deemed to be a beneficial owner of the securities listed.
- [F3]Represents tax withholdings in connection with the vesting of restricted stock units.
- [F4]Units vested on March 9, 2025 based on the Company's attainment of pre-established performance goals.
- [F5]Expiration date not applicable.
- [F6]Represents dividend equivalent units ("DEUs") 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. The number of shares in Column 5 includes DEUs that vested with respect to performance-based restricted stock units at the actual achievement level. Number of shares reported in Column 9 reflects the remaining aggregate DEUs associated with restricted stock units at target.
Documents
Issuer
AVIS BUDGET GROUP, INC.
CIK 0000723612
Entity typeother
Related Parties
1- filerCIK 0001552354
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 5:20 PM ET
- Size
- 12.8 KB