Martins Izilda P 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Martins Izilda P
VP and Acting CAO
Transactions
- Exercise/Conversion
Common Stock
2025-03-09+4,311→ 33,354 total - Exercise/Conversion
Restricted Stock Units
2025-03-09−718→ 719 totalExercise: $0.00→ Common Stock (718 underlying) - Tax Payment
Common Stock
2025-03-09$74.49/sh−1,356$101,008→ 31,998 total - Exercise/Conversion
Performance Based Restricted Stock Units
2025-03-09−2,600→ 0 totalExercise: $0.00→ Common Stock (2,600 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-09−771→ 0 totalExercise: $0.00→ Common Stock (771 underlying) - Exercise/Conversion
Dividend Equivalent Units
2025-03-09−222→ 650 totalExercise: $0.00→ Common Stock (222 underlying)
Footnotes (7)
- [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]Units vested on March 9, 2025 based on the Company's attainment of pre-established performance goals.
- [F4]Expiration date not applicable.
- [F5]Units vested in three equal installments on March 9, 2023, 2024 and 2025.
- [F6]Units vest in three equal installments on March 9, 2024, 2025 and 2026.
- [F7]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.