Joseph A. Ferraro - 03 Aug 2021 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
President and CEO
Signature
/s/ Jean M. Sera, by Power of Attorney for Joseph Ferraro
Issuer symbol
CAR
Transactions as of
03 Aug 2021
Net transactions value
-$164,999
Form type
4
Filing time
05 Aug 2021, 17:02:09 UTC
Previous filing
06 Jul 2021
Next filing
10 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Options Exercise $0 +3,751 +2.9% $0.000000 134,656 03 Aug 2021 Direct F1
transaction CAR Common Stock Tax liability $164,999 -1,837 -1.4% $89.82 132,819 03 Aug 2021 Direct F2
holding CAR Common Stock 2,476 03 Aug 2021 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAR Restricted Stock Units Options Exercise $0 -3,751 -100% $0.000000* 0 03 Aug 2021 Common Stock 3,751 $0.000000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 of restricted stock units.
F3 Units vest in two equal installments on August 3, 2020 and August 3, 2021.
F4 Expiration date not applicable.