Accession Number: | 0000723612-21-000019 |
Date: | 2021-03-09 |
Issuer: | AVIS BUDGET GROUP, INC. (CAR) |
Original Submission Date: |
DEGENOVA CATHLEEN
6 SYLVAN WAY
PARSIPPANY, NJ 07054
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-03-09 | M | 1,383 | a | $0.00 | 1,666 | direct | ||
COMMON STOCK | 2021-03-09 | F | 643 | d | $62.27 | 1,023 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2021-03-09 | deemed execution date | M | 1,383 (d) | common stock 1,383 | $0.00 | 2,766 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | 2021-03-09 | deemed execution date | A | 1,493 (a) | common stock 1,493 | $0.00 | 1,493 | direct | |||
PERFORMANCE BASED RESTRICTED STOCK UNITS | 0.0 | 2021-03-09 | deemed execution date | A | 996 (a) | common stock 996 | $0.00 | 996 | direct |
ID | footnote |
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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 march 9, 2021, 2022 and 2023. |
f4 | expiration date not applicable. |
f5 | units vest in three equal installments on march 9, 2022, 2023 and 2024. |
f6 | units vest on march 9, 2024 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. |