SEC Form 4 · accession 0000723612-18-000046
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
Mar 16, 2018
Accepted (ET)
Mar 19, 2018 · 4:55 pm EDT
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 Stock | Mar 16, 2018 | M | 160,000 | $11.53 | A | 499,775 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $11.53 | Mar 16, 2018 | M | 160,000 | D | — | Jan 27, 2020 | Common Stock | 160,000 | 0 | D |
Explanation of responses
- F1Options vested in five equal annual installments beginning on the one-year anniversary of the date of grant.