Brian J. Choi - 31 Aug 2023 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 2023
Net transactions value
-$3,063,640
Form type
4
Filing time
05 Sep 2023, 17:53:49 UTC
Previous filing
13 Mar 2023
Next filing
22 Dec 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 +29,317 +43% $0.000000 97,960 31 Aug 2023 Direct F1
transaction CAR Common Stock Tax liability $3,063,640 -14,357 -15% $213.39 83,603 31 Aug 2023 Direct F2
holding CAR Common Stock 1,735 31 Aug 2023 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 -100% $0.000000* 0 31 Aug 2023 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.