Form 4 for CAR AVIS BUDGET GROUP, INC.
Accepted 2023-03-13 00:00:00 ET · period of report 2023-03-09 · accession 0000723612-23-000025 · 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 | 2023-03-13 | 2023-03-09 | CAR | Martins Izilda P | EVP, Americas | M - OptEx | $0.00 | +15.8K | 32.4K | +95% | $0 |
| D | 2023-03-13 | 2023-03-09 | CAR | Martins Izilda P | EVP, Americas | F - Tax | $208.84 | -7,303 | 25.1K | -23% | -$1.53M |
| DM | 2023-03-13 | 2023-03-09 | CAR | Martins Izilda P | EVP, Americas | A - Grant | $0.00 | +4,310 | 2,155 | New | $0 |
| DM | 2023-03-13 | 2023-03-09 | CAR | Martins Izilda P | EVP, Americas | M - OptEx | $0.00 | -15.8K | 0 | -100% | $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 | 2023-03-09 | M | A | 15,753 | $0.00 | 32,398 | 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 | 2023-03-09 | F | D | 7,303 | $208.84 | 25,095 | D | — | — | |
| 3 | Derivative | Performance Based Restricted Stock Units | 2023-03-09 | A | A | 2,155 | $0.00 | 2,155 | D | $0.00 · — to — | 2,155 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. (F9) Units vest on March 9, 2026 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 | 2023-03-09 | M | D | 3,596 | $0.00 | 0 | D | $0.00 · — to — | 3,596 Common Stock | (F3) Units vested in three equal installments on March 9, 2021, 2022 and 2023. (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F4) Expiration date not applicable. |
| 5 | Derivative | Restricted Stock Units | 2023-03-09 | M | D | 2,141 | $0.00 | 2,142 | D | $0.00 · — to — | 2,141 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. |
| 6 | Derivative | Restricted Stock Units | 2023-03-09 | M | D | 770 | $0.00 | 1,541 | D | $0.00 · — to — | 770 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. |
| 7 | Derivative | Performance Based Restricted Stock Units | 2023-03-09 | M | D | 9,246 | $0.00 | 0 | D | $0.00 · — to — | 9,246 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 vested on March 9, 2023 based on the Company's attainment of pre-established performance goals. (F4) Expiration date not applicable. |
| 8 | Derivative | Restricted Stock Units | 2023-03-09 | A | A | 2,155 | $0.00 | 2,155 | D | $0.00 · — to — | 2,155 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. (F8) Units vest in three equal installments on March 9, 2024, 2025 and 2026. (F4) Expiration date not applicable. |