SCLAFANI KAREN C 4
4 · AVIS BUDGET GROUP, INC. · Filed May 5, 2009
Insider Transaction Report
Form 4
SCLAFANI KAREN C
EVP & General Counsel
Transactions
- Tax Payment
Common Stock
2009-05-02$2.07/sh−2,880$5,962→ 24,691 total - Exercise/Conversion
Restricted Stock Units
2009-05-02−7,684→ 7,685 totalExercise: $0.00→ Common Stock (7,684 underlying) - Exercise/Conversion
Common Stock
2009-05-02+7,684→ 27,571 total
Footnotes (4)
- [F1]Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis.
- [F2]Represents tax withholdings in connection with the vesting 7,684 shares of restricted stock units on May 2, 2009.
- [F3]Original grant vests in four installments on May 2, 2007, 2008, 2009 and 2010.
- [F4]Expiration date not applicable.