Form 4 for CAR AVIS BUDGET GROUP, INC.
Accepted 2023-07-05 00:00:00 ET · period of report 2023-06-30 · accession 0000723612-23-000038 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-07-05 | 2023-07-01 | CAR | Hees Bernardo | Executive COB, Dir | F - Tax | $228.67 | -28.0K | 490.0K | -5% | -$6.40M |
| DMI | 2023-07-05 | 2023-06-30+ | CAR | Hees Bernardo | Executive COB, Dir | M - OptEx | $0.00 | +62.3K | 517.9K | +14% | $0 |
| DM | 2023-07-05 | 2023-06-30+ | CAR | Hees Bernardo | Executive COB, Dir | M - OptEx | $0.00 | -62.3K | 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 | 2023-07-01 | F | D | 27,988 | $228.67 | 489,960 | I See footnote | — | — | (F2) Reflects shares held by the BHJH Master Trust LLC. By virtue of his position as chief investment adviser of BHJH Master Trust LLC, Bernardo Hees may be deemed to be a beneficial owner of the securities listed. |
| 2 | Common | Common Stock | 2023-06-30 | M | A | 24,833 | $0.00 | 480,448 | I See footnote | — | — | (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F2) Reflects shares held by the BHJH Master Trust LLC. By virtue of his position as chief investment adviser of BHJH Master Trust LLC, Bernardo Hees may be deemed to be a beneficial owner of the securities listed. |
| 3 | Common | Common Stock | 2023-07-01 | M | A | 37,500 | $0.00 | 517,948 | I See footnote | — | — | (F1) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F2) Reflects shares held by the BHJH Master Trust LLC. By virtue of his position as chief investment adviser of BHJH Master Trust LLC, Bernardo Hees may be deemed to be a beneficial owner of the securities listed. |
| 4 | Derivative | Restricted Stock Units | 2023-06-30 | M | D | 10,270 | $0.00 | 0 | D | $0.00 · 2023-06-30 to — | 10,270 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) Expiration date not applicable. |
| 5 | Derivative | Performance Based Restricted Stock Units | 2023-07-01 | M | D | 37,500 | $0.00 | 0 | D | $0.00 · — to — | 37,500 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 vested on July 1, 2023 based on the Company's attainment of pre-established performance goals. (F5) Expiration date not applicable. |
| 6 | Derivative | Restricted Stock Units | 2023-06-30 | M | D | 14,563 | $0.00 | 0 | D | $0.00 · — to — | 14,563 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. (F4) Units vested in three equal installments on June 30, 2021, 2022 and 2023. (F5) Expiration date not applicable. |