Izilda P. Martins - 01 Oct 2021 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role: EVP, Americas
Signature: Jean M. Sera, by Power of Attorney for Izilda P. Martins
Issuer symbol: CAR
Transactions as of: 01 Oct 2021
Net transactions value: -$34,495
Form type: 4
Filing time: 05 Oct 2021, 17:55:53 UTC
Previous filing: 07 Sep 2021
Next filing: 03 Nov 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	+900	+6.1%	$0.000000	15,755	01 Oct 2021	Direct	F1
transaction	CAR	Common Stock	Tax liability	$34,495	-283	-1.8%	$121.89	15,472	01 Oct 2021	Direct	F2

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	-900	-100%	$0.000000^*	0	01 Oct 2021	Common Stock	900	$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 two equal installments on October 1, 2020 and October 1, 2021.
F4	Expiration date not applicable.