Cathleen DeGenova - 15 Mar 2022 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
Chief Accounting Officer
Signature
Jean M. Sera, by Power of Attorney for Cathleen DeGenova
Issuer symbol
CAR
Transactions as of
15 Mar 2022
Net transactions value
-$43,778
Form type
4
Filing time
06 May 2022, 17:11:55 UTC
Previous filing
11 Mar 2022
Next filing
13 Mar 2023
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 +407 +20% $0.000000 2,425 15 Mar 2022 Direct F1
transaction CAR Common Stock Tax liability $43,778 -189 -7.8% $231.63 2,236 15 Mar 2022 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 -407 -100% $0.000000* 0 15 Mar 2022 Common Stock 407 $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 March 15, 2020, 2021 and 2022.
F4 Expiration date not applicable.

Remarks:

This Form 4 is being filed late due to an inadvertent administrative error.