0000723612-23-000027.txt : 20230313
0000723612-23-000027.hdr.sgml : 20230313
20230313174028
ACCESSION NUMBER: 0000723612-23-000027
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: Linnen Edward P
CENTRAL INDEX KEY: 0001566861
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10308
FILM NUMBER: 23728396
MAIL ADDRESS:
STREET 1: 6 SYLVAN WAY
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_167874361866531.xml
FORM 4
X0306
4
2023-03-09
0
0000723612
AVIS BUDGET GROUP, INC.
CAR
0001566861
Linnen Edward P
6 SYLVAN WAY
PARSIPPANY
NJ
07054
0
1
0
0
EVP, Chief HR Officer
Common Stock
2023-03-09
4
M
0
26192
0
A
55360
D
Common Stock
2023-03-09
4
F
0
12142
208.84
D
43218
D
Common Stock
3496
I
By 401(k) plan
Restricted Stock Units
0.0
2023-03-09
4
M
0
6639
0
D
Common Stock
6639.0
0
D
Restricted Stock Units
0.0
2023-03-09
4
M
0
1927
0
D
Common Stock
1927.0
1927
D
Restricted Stock Units
0.0
2023-03-09
4
M
0
556
0
D
Common Stock
556.0
1113
D
Performance Based Restricted Stock Units
0.0
2023-03-09
4
M
0
17070
0
D
Common Stock
17070.0
0
D
Restricted Stock Units
0.0
2023-03-09
4
A
0
1556
0
A
Common Stock
1556.0
1556
D
Performance Based Restricted Stock Units
0.0
2023-03-09
4
A
0
1556
0
A
Common Stock
1556.0
1556
D
Represents restricted stock units which automatically convert to common stock upon the vesting of such units on a one-to-one basis.
Represents tax withholdings in connection with the vesting of restricted stock units.
Units vested in three equal installments on March 9, 2021, 2022 and 2023.
Expiration date not applicable.
Units vest in three equal installments on March 9, 2022, 2023 and 2024.
Units vest in three equal installments on March 9, 2023, 2024 and 2025.
Units vested on March 9, 2023 based on the Company's attainment of pre-established performance goals.
Units vest in three equal installments on March 9, 2024, 2025 and 2026.
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.
/s/ Jean M. Sera, by Power of Attorney for Edward P. Linnen
2023-03-13