SEC Form 4 · accession 0000723612-18-000099
AVIS BUDGET GROUP, INC. · CAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry D De Shon
Officer — CEO and President · Director
Period of report
Sep 15, 2018
Accepted (ET)
Sep 18, 2018 · 4:32 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 StockF1 | Sep 15, 2018 | M | 21,954 | $0.00 | A | 266,249 | D |
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, 2018 | M | 21,954 | D | — | — | Common Stock | 21,954 | 0 | D |
Explanation of responses
- F1Represents restricted stock units which automatically converted to common stock upon the vesting of such units on a one-to-one basis.
- F2Original grant vested in three equal installments on September 15, 2016, 2017 and 2018.
- F3Expiration date not applicable.