Form 4 for CAR AVIS BUDGET GROUP, INC.
Accepted 2024-07-02 00:00:00 ET · period of report 2024-06-30 · accession 0000723612-24-000037 · 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 | 2024-07-02 | 2024-06-30 | CAR | Hees Bernardo | Dir | F - Tax | $104.52 | -4,640 | 510.4K | -0.9% | -$485.0K |
| DI | 2024-07-02 | 2024-06-30 | CAR | Hees Bernardo | Dir | M - OptEx | $0.00 | +10.1K | 515.1K | +2% | $0 |
| DM | 2024-07-02 | 2024-06-30 | CAR | Hees Bernardo | Dir | M - OptEx | $0.00 | -10.1K | 1,073 | -90% | $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 | 2024-06-30 | F | D | 4,640 | $104.52 | 510,436 | 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 | 2024-06-30 | M | A | 10,095 | $0.00 | 515,076 | 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 | Derivative | Restricted Stock Units | 2024-06-30 | M | D | 9,577 | $0.00 | 0 | D | $0.00 · — to — | 9,577 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 full on June 30, 2024. Due to an inadvertent error, vesting terms for such time-based restricted stock units were previously incorrectly reported in the Reporting Person's Form 4 filed on March 13, 2023. (F5) Expiration date not applicable. |
| 4 | Derivative | Dividend Equivalent Units | 2024-06-30 | M | D | 518 | $0.00 | 1,073 | D | $0.00 · — to — | 518 Common Stock | (F6) 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. |