Glenn Lurie - Dec 21, 2023 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role: Director
Signature: /s/ Jean M. Sera, by Power of Attorney for Glenn Lurie
Stock symbol: CAR
Transactions as of: Dec 21, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/22/2023, 04:45 PM
Previous filing: Feb 17, 2023
Next filing: Feb 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CAR	Common Stock	Award	$0	+668	+5.38%	$0.00	13.1K	Dec 21, 2023	Held by NQ Deferred Compensation Plan	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 5, 2023, the Issuer announced that its Board of Directors declared a special cash dividend in the amount of $10.00 per share of its Common Stock, payable on December 21, 2023 to stockholders of record as of the close of business on December 15, 2023 (the "Dividend").
F2	Represents dividend equivalent units accrued as a result of the Dividend on restricted stock units awarded to the Reporting Person, including as part of the Company's non-employee director compensation program (the "Original RSUs"). Units automatically convert to Common Stock upon vesting or settlement, as applicable, on a one-to-one basis and, to the extent unvested, will fully vest on the same terms and conditions as the Original RSUs and, to the extent deferred under the Non-Employee Directors Deferred Compensation Plan, will be payable in accordance with the payment and/or deferral election made in accordance with the terms of the plan.

Content

On December 5, 2023, the Issuer announced that its Board of Directors declared a special cash dividend in the amount of $10.00 per share of its Common Stock, payable on December 21, 2023 to stockholders of record as of the close of business on December 15, 2023 (the "Dividend").

Represents dividend equivalent units accrued as a result of the Dividend on restricted stock units awarded to the Reporting Person, including as part of the Company's non-employee director compensation program (the "Original RSUs"). Units automatically convert to Common Stock upon vesting or settlement, as applicable, on a one-to-one basis and, to the extent unvested, will fully vest on the same terms and conditions as the Original RSUs and, to the extent deferred under the Non-Employee Directors Deferred Compensation Plan, will be payable in accordance with the payment and/or deferral election made in accordance with the terms of the plan.