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