Simhambhatla Ravi 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Simhambhatla Ravi
EVP, CDIO - see remarks
Transactions
- Exercise/Conversion
Common Stock
2025-03-09+757→ 12,075 total - Tax Payment
Common Stock
2025-03-09$74.49/sh−279$20,783→ 11,796 total - Exercise/Conversion
Restricted Stock Units
2025-03-09−718→ 719 totalExercise: $0.00→ Common Stock (718 underlying) - Exercise/Conversion
Dividend Equivalent Units
2025-03-09−39→ 1,177 totalExercise: $0.00→ Common Stock (39 underlying)
Footnotes (5)
- [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 vest in three equal installments on March 9, 2024, 2025 and 2026.
- [F4]Expiration date not applicable.
- [F5]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.