SEC Form 4 · accession 0000723612-15-000156
AVIS BUDGET GROUP, INC. · CAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry D De Shon
Officer — President, International
Period of report
Sep 15, 2015
Accepted (ET)
Sep 17, 2015 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000723612
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | $0.00 | Sep 15, 2015 | A | 65,862 | A | — | — | Common Stock | 65,862 | 65,862 | D |
Explanation of responses
- F1Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.
- F2Grant vests in three equal installments on September 15, 2016, 2017 and 2018.
- F3Expiration date not applicable.