Ravi Simhambhatla - 26 Jul 2023 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
EVP, Chief Digital & Innovation Officer
Signature
/s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla
Issuer symbol
CAR
Transactions as of
26 Jul 2023
Net transactions value
-$35,719
Form type
4
Filing time
28 Jul 2023, 17:37:31 UTC
Previous filing
13 Mar 2023
Next filing
22 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAR Common Stock Award $0 +506 $0.000000 506 26 Jul 2023 Direct F1
transaction CAR Common Stock Tax liability $35,719 -159 -31% $224.65 347 26 Jul 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAR Restricted Stock Units Options Exercise $0 -506 -33% $0.000000 1,013 26 Jul 2023 Common Stock 506 $0.000000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis.
F2 Represents tax withholdings in connection with the vesting of restricted stock units.
F3 Units vest in three equal installments on July 26, 2023, 2024 and 2025.
F4 Expiration date not applicable.

Remarks:

EVP, Chief Digital & Innovation Officer