0000723612-22-000035.txt : 20220728 0000723612-22-000035.hdr.sgml : 20220728 20220728174253 ACCESSION NUMBER: 0000723612-22-000035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220726 FILED AS OF DATE: 20220728 DATE AS OF CHANGE: 20220728 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Simhambhatla Ravi CENTRAL INDEX KEY: 0001934960 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10308 FILM NUMBER: 221116481 MAIL ADDRESS: STREET 1: 6 SYLVAN WAY STREET 2: AVIS BUDGET GROUP, INC. CITY: PARSIPPANY STATE: NJ ZIP: 07054 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AVIS BUDGET GROUP, INC. CENTRAL INDEX KEY: 0000723612 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 060918165 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 973-496-4700 MAIL ADDRESS: STREET 1: 6 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 FORMER COMPANY: FORMER CONFORMED NAME: CENDANT CORP DATE OF NAME CHANGE: 19971218 FORMER COMPANY: FORMER CONFORMED NAME: CUC INTERNATIONAL INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: COMP U CARD INTERNATIONAL INC DATE OF NAME CHANGE: 19870914 4 1 wf-form4_165904455779483.xml FORM 4 X0306 4 2022-07-26 0 0000723612 AVIS BUDGET GROUP, INC. CAR 0001934960 Simhambhatla Ravi AVIS BUDGET GROUP, INC. 6 SYLVAN WAY PARSIPPANY NJ 07054 0 1 0 0 EVP, CDIO - see remarks Restricted Stock Units 0.0 2022-07-26 4 A 0 33756 0 A Common Stock 33756.0 33756 D Restricted Stock Units 0.0 2022-07-26 4 A 0 1519 0 A Common Stock 1519.0 1519 D Performance Based Restricted Stock Units 0.0 2022-07-26 4 A 0 1519 0 A Common Stock 1519.0 1519 D Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. Units vest in two equal installments on July 26, 2024 and 2026. Expiration date not applicable. Units vest in three equal installments on July 26, 2023, 2024 and 2025. Units vest on July 26, 2025 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 the achievement of such performance goals. EVP, Chief Digital & Innovation Officer /s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla 2022-07-28