Joseph Ferraro - Mar 12, 2025 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
President and CEO
Signature
/s/ Jean M. Sera, by Power of Attorney for Joseph Ferraro
Stock symbol
CAR
Transactions as of
Mar 12, 2025
Transactions value $
$0
Form type
4
Date filed
3/14/2025, 04:41 PM
Previous filing
Mar 11, 2025
Next filing
Mar 17, 2025
SEC
View on sec.gov

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 Award $0 +28.4K $0.00 28.4K Mar 12, 2025 Common Stock 28.4K $0.00 Direct F1, F2
transaction CAR Performance Based Restricted Stock Units Award $0 +60.4K $0.00 60.4K Mar 12, 2025 Common Stock 60.4K $0.00 Direct F1, F2, F3
* 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 Expiration date not applicable.
F3 Units vest on March 12, 2026 based on the Company's attainment of pre-established performance goals. The number of units which could vest range from zero to 150% of the target number of units reported above depending on achievement of such performance goals.