LYNN KROMINGA - 03 Aug 2022 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
Director
Signature
/s/ Jean M. Sera, by Power of Attorney for Lynn Krominga
Issuer symbol
CAR
Transactions as of
03 Aug 2022
Net transactions value
-$4,874,450
Form type
4
Filing time
05 Aug 2022, 16:33:47 UTC
Previous filing
04 Mar 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Disposed to Issuer $4,874,450 -26,953 -50% $180.85 26,953 03 Aug 2022 Held by NQ Deferred Compensation Plan F1
holding CAR Common Stock 887 03 Aug 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents deferred stock units of the Company under the Non-Employee Directors Deferred Compensation Plan. Each deferred stock unit is the economic equivalent of one share of the Company's common stock. Upon approval by the Compensation Committee of the Company's Board of Directors, the deferred stock units were settled with the Company for cash in a transaction exempt from 16b-3(e), which was deferred in accordance with the terms of the plan.