Bernardo Hees - May 22, 2024 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
Director
Signature
/s/ Jean M. Sera, by Power of Attorney for Bernardo Hees
Stock symbol
CAR
Transactions as of
May 22, 2024
Transactions value $
$76,486
Form type
4
Date filed
5/24/2024, 04:32 PM
Previous filing
May 16, 2024
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Award $76.5K +673 +41.88% $113.65 2.28K May 22, 2024 Held by NQ Deferred Compensation Plan F1
holding CAR Common Stock 505K May 22, 2024 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units awarded as part of the Company's non-employee director compensation program. Units automatically convert to Common Stock upon vesting on a one-to-one basis. Award will fully vest on the one-year anniversary of the date of grant. Upon vesting award will be deferred under the Non-Employee Directors Deferred Compensation Plan and will be payable in accordance with the deferral election made in accordance with the terms of the plan.
F2 Reflects shares held by the BHJH Master Trust LLC. By virtue of his position as chief investment adviser of BHJH Master Trust LLC, Bernardo Hees may be deemed to be a beneficial owner of the securities listed.