Brian J. Choi - 31 Aug 2021 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role: EVP & Chief Financial Officer
Signature: /s/ Jean M. Sera by Power of Attorney for Brian J. Choi
Issuer symbol: CAR
Transactions as of: 31 Aug 2021
Net transactions value: -$1,153,705
Form type: 4
Filing time: 02 Sep 2021, 17:59:34 UTC
Next filing: 11 Mar 2022
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	+29,317	+92%	$0.000000	61,317	31 Aug 2021	Direct	F1
transaction	CAR	Common Stock	Tax liability	$1,153,705	-12,713	-21%	$90.75	48,604	31 Aug 2021	Direct	F2
holding	CAR	Common Stock						1,735	31 Aug 2021	By IRA

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	-29,317	-33%	$0.000000	58,634	31 Aug 2021	Common Stock	29,317	$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 convert 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 three equal installments on August 31, 2021, 2022 and 2023.
F4	Expiration date not applicable.