Form 4 for CAR AVIS BUDGET GROUP, INC.
Accepted 2022-03-11 00:00:00 ET · period of report 2022-03-09 · accession 0000723612-22-000017 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-11 | 2022-03-09 | CAR | Sera Jean M | SVP, GC, CCO, Corp. Sec | M - OptEx | $0.00 | +5,870 | 21.3K | +38% | $0 |
| D | 2022-03-11 | 2022-03-09 | CAR | Sera Jean M | SVP, GC, CCO, Corp. Sec | F - Tax | $194.74 | -2,721 | 18.5K | -13% | -$529.9K |
| DM | 2022-03-11 | 2022-03-09 | CAR | Sera Jean M | SVP, GC, CCO, Corp. Sec | A - Grant | $0.00 | +2,568 | 1,284 | New | $0 |
| DM | 2022-03-11 | 2022-03-09 | CAR | Sera Jean M | SVP, GC, CCO, Corp. Sec | M - OptEx | $0.00 | -5,870 | 2,891 | -67% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-09 | M | A | 5,870 | $0.00 | 21,256 | D | — | — | (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. |
| 2 | Common | Common Stock | 2022-03-09 | F | D | 2,721 | $194.74 | 18,535 | D | — | — | |
| 3 | Derivative | Performance Based Restricted Stock Units | 2022-03-09 | A | A | 1,284 | $0.00 | 1,284 | D | $0.00 · — to — | 1,284 Common Stock | (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F7) Units vest on March 9, 2025 based on the Company's attainment of pre-established performance goals. The number of units which could vest range from zero to 150% of the target number of units reported above depending on achievement of such performance goals. (F4) Expiration date not applicable. |
| 4 | Derivative | Restricted Stock Units | 2022-03-09 | A | A | 1,284 | $0.00 | 1,284 | D | $0.00 · — to — | 1,284 Common Stock | (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F6) Units vest in three equal installments on March 9, 2023, 2024 and 2025. (F4) Expiration date not applicable. |
| 5 | Derivative | Restricted Stock Units | 2022-03-09 | M | D | 4,425 | $0.00 | 4,426 | D | $0.00 · — to — | 4,425 Common Stock | (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F3) Grant vests in three equal installments on March 9, 2021, 2022 and 2023. (F4) Expiration date not applicable. |
| 6 | Derivative | Restricted Stock Units | 2022-03-09 | M | D | 1,445 | $0.00 | 2,891 | D | $0.00 · — to — | 1,445 Common Stock | (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F5) Units vest in three equal installments on March 9, 2022, 2023 and 2024. (F4) Expiration date not applicable. |