Joseph A. Ferraro - 07 Aug 2021 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Signature
/s/ Jean M. Sera, by Power of Attorney for Joseph Ferraro
Issuer symbol
CAR
Transactions as of
07 Aug 2021
Net transactions value
-$1,967,139
Form type
4
Filing time
10 Aug 2021, 17:28:25 UTC
Previous filing
05 Aug 2021
Next filing
07 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Options Exercise $0 +48,062 +36% $0.000000 180,881 07 Aug 2021 Direct F1
transaction CAR Common Stock Tax liability $1,967,139 -23,536 -13% $83.58 157,345 07 Aug 2021 Direct F2
holding CAR Common Stock 2,476 07 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 -48,062 -100% $0.000000* 0 07 Aug 2021 Common Stock 48,062 $0.000000 Direct F1, F3
* 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 Expiration date not applicable.