Simhambhatla Ravi 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 14, 2025
Insider Transaction Report
Form 4
Simhambhatla Ravi
EVP, CDIO - see remarks
Transactions
- Award
Restricted Stock Units
2025-03-12+7,184→ 7,184 totalExercise: $0.00→ Common Stock (7,184 underlying) - Award
Performance Based Restricted Stock Units
2025-03-12+7,184→ 7,184 totalExercise: $0.00→ Common Stock (7,184 underlying) - Award
Performance Based Restricted Stock Units
2025-03-12+3,991→ 3,991 totalExercise: $0.00→ Common Stock (3,991 underlying)
Footnotes (5)
- [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 12, 2026, 2027 and 2028.
- [F3]Expiration date not applicable.
- [F4]Units vest on March 12, 2028 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.
- [F5]Units vest on March 12, 2027 based on the Company's attainment of pre-established performance goals. The numbers of units which could vest range from zero to 100% of the target number of units reported above depending on achievement of such performance goals.