Form 4 for CAR AVIS BUDGET GROUP, INC.
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-09 · accession 0000723612-24-000019 · 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 | Sera Jean M | SVP, GC, CCO, Corp. Sec | M - OptEx | $0.00 | +6,966 | 35.0K | +25% | $0 |
| D | 2024-03-12 | 2024-03-09 | CAR | Sera Jean M | SVP, GC, CCO, Corp. Sec | F - Tax | $111.96 | -3,233 | 31.8K | -9% | -$362.0K |
| DM | 2024-03-12 | 2024-03-09 | CAR | Sera Jean M | SVP, GC, CCO, Corp. Sec | M - OptEx | $0.00 | -6,966 | 463 | -94% | $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 | M | A | 6,966 | $0.00 | 34,984 | 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. |
| 2 | Common | Common Stock | 2024-03-09 | F | D | 3,233 | $111.96 | 31,751 | D | — | — | |
| 3 | Derivative | Performance Based Restricted Stock Units | 2024-03-09 | M | D | 4,337 | $0.00 | 0 | D | $0.00 · — to — | 4,337 Common Stock | (F3) 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 on March 9, 2024 based on the Company's attainment of pre-established performance goals. (F5) Expiration date not applicable. |
| 4 | Derivative | Restricted Stock Units | 2024-03-09 | M | D | 1,446 | $0.00 | 0 | D | $0.00 · — to — | 1,446 Common Stock | (F3) 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 in three equal installments on March 9, 2022, 2023 and 2024. (F5) Expiration date not applicable. |
| 5 | Derivative | Restricted Stock Units | 2024-03-09 | M | D | 428 | $0.00 | 428 | D | $0.00 · — to — | 428 Common Stock | (F3) 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, 2023, 2024 and 2025. (F5) Expiration date not applicable. |
| 6 | Derivative | Restricted Stock Units | 2024-03-09 | M | D | 399 | $0.00 | 798 | D | $0.00 · — to — | 399 Common Stock | (F3) 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. (F5) Expiration date not applicable. |
| 7 | Derivative | Dividend Equivalent Units | 2024-03-09 | M | D | 356 | $0.00 | 463 | D | $0.00 · — to — | 356 Common Stock | (F9) 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. (F5) Expiration date not applicable. |