Ravi Simhambhatla - 26 Jul 2022 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Jul 2022, 17:42:53 UTC
Prior SEC filing
06 Jul 2022
Next SEC filing
13 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla

Key filing fact

Ravi Simhambhatla filed Form 4 for AVIS BUDGET GROUP, INC. (CAR) on 28 Jul 2022.

Key facts

  • This page summarizes Ravi Simhambhatla's Form 4 filing for AVIS BUDGET GROUP, INC. (CAR).
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 28 Jul 2022, 17:42.

Change

  • Previous filing in this sequence was filed on 06 Jul 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CAR transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+33,756
Change %
Price
$0.000000
Shares after
33,756
Date
26 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
33,756
Exercise price
$0.000000
Footnotes
F1, F2, F3
CAR transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+1,519
Change %
Price
$0.000000
Shares after
1,519
Date
26 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,519
Exercise price
$0.000000
Footnotes
F1, F3, F4
CAR transaction Derivative

Performance Based Restricted Stock Units

Award

Transaction value
$0
Shares
+1,519
Change %
Price
$0.000000
Shares after
1,519
Date
26 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,519
Exercise price
$0.000000
Footnotes
F1, F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.

Footnote F2

Units vest in two equal installments on July 26, 2024 and 2026.

Footnote F3

Expiration date not applicable.

Footnote F4

Units vest in three equal installments on July 26, 2023, 2024 and 2025.

Footnote F5

Units vest on July 26, 2025 based on the Company's attainment of pre-established performance goals. The number of units which could vest range from zero to 150% of the target number of units reported above depending on the achievement of such performance goals.

SEC remarks

EVP, Chief Digital & Innovation Officer

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