SEC Form 4 · accession 0000723612-16-000372
AVIS BUDGET GROUP, INC. · CAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Nelson
Officer — Executive Chairman · Director
Period of report
Nov 29, 2016
Accepted (ET)
Dec 1, 2016 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000723612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 29, 2016 | S | 6,600 | $39.08 | D | 737,974 | D | |
| Common StockF2 | Dec 1, 2016 | S | 143,400 | $39.00 | D | 594,574 | D | |
| Common StockF3 | holding | — | — | — | 15,472 | I | By trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $39.00 to $39.20. Mr. Nelson will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.
- F2Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $39.00 to $39.01. Mr. Nelson will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.
- F3Securities are held by a family trust. Mr. Nelson's wife is a trustee of the trust. Mr. Nelson disclaims beneficial ownership of the securities held by the trust, and the filing of this report is not an admission that Mr. Nelson is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.