SEC Form 4 · accession 0001606770-15-000002
AVIS BUDGET GROUP, INC. · CAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David T Calabria
Officer — VP & Chief Accounting Officer
Period of report
Apr 16, 2015
Accepted (ET)
Apr 20, 2015 · 5:04 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 | Apr 16, 2015 | M | 157 | $0.00 | A | 2,450 | D | |
| Common Stock | Apr 16, 2015 | F | 54 | $56.04 | D | 2,396 | 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,F3,F4 | $0.00 | Apr 16, 2015 | M | 157 | D | — | — | Common Stock | 157 | 314 | 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.
- F2Represents tax withholdings in connection with the vesting of 157 shares of restricted stock units.
- F3Units vest in three equal installments on April 16, 2015, 2016 and 2017.
- F4Expiration date not applicable.