Form 4 for CAR AVIS BUDGET GROUP, INC.
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-09 · accession 0000723612-24-000014 · 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 | 2024-03-12 | 2024-03-09 | CAR | Choi Brian J | EVP, CTO - see remarks | F - Tax | $111.96 | -12.6K | 97.4K | -11% | -$1.41M |
| D | 2024-03-12 | 2024-03-09 | CAR | Choi Brian J | EVP, CTO - see remarks | M - OptEx | $0.00 | +26.4K | 110.0K | +32% | $0 |
| DM | 2024-03-12 | 2024-03-09 | CAR | Choi Brian J | EVP, CTO - see remarks | M - OptEx | $0.00 | -26.4K | 1,217 | -96% | $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 | 2024-03-09 | F | D | 12,571 | $111.96 | 97,444 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-09 | M | A | 26,412 | $0.00 | 110,015 | D | — | — | (F1) Represents restricted stock units and dividend equivalent units which automatically convert to Common Stock upon the vesting and settlement of such units on a one-to-one basis. |
| 3 | Derivative | Restricted Stock Units | 2024-03-09 | M | D | 1,436 | $0.00 | 2,874 | D | $0.00 · — to — | 1,436 Common Stock | (F2) 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 in three equal installments on March 9, 2024, 2025 and 2026. (F4) Expiration date not applicable. |
| 4 | Derivative | Restricted Stock Units | 2024-03-09 | M | D | 1,541 | $0.00 | 1,541 | D | $0.00 · — to — | 1,541 Common Stock | (F2) 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 | 2024-03-09 | M | D | 4,015 | $0.00 | 0 | D | $0.00 · — to — | 4,015 Common Stock | (F2) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F5) Units vested in three equal installments on March 9, 2022, 2023 and 2024. (F4) Expiration date not applicable. |
| 6 | Derivative | Performance Based Restricted Stock Units | 2024-03-09 | M | D | 18,066 | $0.00 | 0 | D | $0.00 · — to — | 18,066 Common Stock | (F2) Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. (F3) Units vested on March 9, 2024 based on the Company's attainment of pre-established performance goals. (F4) Expiration date not applicable. |
| 7 | Derivative | Dividend Equivalent Units | 2024-03-09 | M | D | 1,354 | $0.00 | 1,217 | D | $0.00 · — to — | 1,354 Common Stock | (F8) Represents dividend equivalent units accrued on restricted stock units and performance-based restricted stock units which become exercisable proportionately, on a one-on-one basis, subject to the same terms and conditions, including vesting and settlement, as the restricted stock units to which they relate. (F4) Expiration date not applicable. |