0000723612-23-000026.txt : 20230313
0000723612-23-000026.hdr.sgml : 20230313
20230313173910
ACCESSION NUMBER: 0000723612-23-000026
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230309
FILED AS OF DATE: 20230313
DATE AS OF CHANGE: 20230313
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: 23728391
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_167874353671271.xml
FORM 4
X0306
4
2023-03-09
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
2023-03-09
4
A
0
2155
0
A
Common Stock
2155.0
2155
D
Performance Based Restricted Stock Units
0.0
2023-03-09
4
A
0
2155
0
A
Common Stock
2155.0
2155
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 three equal installments on March 9, 2024, 2025 and 2026.
Expiration date not applicable.
Units vest on March 9, 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.
EVP, Chief Digital & Innovation Officer
/s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla
2023-03-13