Izilda P. Martins - Mar 12, 2025 Form 4 Insider Report for AVIS BUDGET GROUP, INC. (CAR)

Role
EVP and CFO
Signature
/s/ Jean M. Sera, by Power of Attorney for Izilda P. Martins
Stock symbol
CAR
Transactions as of
Mar 12, 2025
Transactions value $
$0
Form type
4
Date filed
3/14/2025, 04:44 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 +13.8K $0.00 13.8K Mar 12, 2025 Common Stock 13.8K $0.00 Direct F1, F2, F3
transaction CAR Performance Based Restricted Stock Units Award $0 +13.8K $0.00 13.8K Mar 12, 2025 Common Stock 13.8K $0.00 Direct F1, F3, F4
transaction CAR Performance Based Restricted Stock Units Award $0 +6.31K $0.00 6.31K Mar 12, 2025 Common Stock 6.31K $0.00 Direct F1, F3, F5
* 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 Units vest in three equal installments on March 12, 2026, 2027 and 2028.
F3 Expiration date not applicable.
F4 Units vest on March 12, 2028 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.
F5 Units vest on March 12, 2027 based on the Company's attainment of pre-established performance goals. The numbers of units which could vest range from zero to 100% of the target number of units reported above depending on achievement of such performance goals.