Ravi Simhambhatla - Mar 9, 2023 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role: EVP, Chief Digital & Innovation Officer
Signature: /s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla
Stock symbol: CAR
Transactions as of: Mar 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/13/2023, 05:39 PM
Previous filing: Jul 28, 2022
Next filing: Jul 28, 2023
SEC: View on sec.gov

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	Award	$0	+2.16K		$0.00	2.16K	Mar 9, 2023	Common Stock	2.16K	$0.00	Direct	F1, F2, F3
transaction	CAR	Performance Based Restricted Stock Units	Award	$0	+2.16K		$0.00	2.16K	Mar 9, 2023	Common Stock	2.16K	$0.00	Direct	F1, F3, F4

Showing 1 to 2 of 2 entries

* 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	Units vest in three equal installments on March 9, 2024, 2025 and 2026.
F3	Expiration date not applicable.
F4	Units vest on March 9, 2026 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 achievement of such performance goals.

Remarks:

EVP, Chief Digital & Innovation Officer