0000723612-24-000018.txt : 20240312 0000723612-24-000018.hdr.sgml : 20240312 20240312180014 ACCESSION NUMBER: 0000723612-24-000018 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240309 FILED AS OF DATE: 20240312 DATE AS OF CHANGE: 20240312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Linnen Edward P CENTRAL INDEX KEY: 0001566861 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10308 FILM NUMBER: 24743762 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] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 060918165 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 379 INTERPACE PARKWAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 973-496-4700 MAIL ADDRESS: STREET 1: 379 INTERPACE PARKWAY 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 wk-form4_1710280800.xml FORM 4 X0508 4 2024-03-09 0 0000723612 AVIS BUDGET GROUP, INC. CAR 0001566861 Linnen Edward P 379 INTERPACE PARKWAY PARSIPPANY NJ 07054 0 1 0 0 EVP, Chief HR Officer 0 Common Stock 2024-03-09 4 M 0 9256 0 A 52474 D Common Stock 2024-03-09 4 F 0 4294 111.96 D 48180 D Common Stock 3496 I By 401(k) plan Performance Based Restricted Stock Units 0 2024-03-09 4 M 0 5781 0 D Common Stock 5781 0 D Restricted Stock Units 0 2024-03-09 4 M 0 1927 0 D Common Stock 1927 0 D Restricted Stock Units 0 2024-03-09 4 M 0 556 0 D Common Stock 556 557 D Restricted Stock Units 0 2024-03-09 4 M 0 518 0 D Common Stock 518 1038 D Dividend Equivalent Units 0 2024-03-09 4 M 0 474 0 D Common Stock 474 590 D Represents restricted stock units and dividend equivalent units which automatically convert to Common Stock upon the vesting and settlement of such units on a one-to-one basis. Represents tax withholdings in connection with the vesting of restricted stock units. Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. Units vested on March 9, 2024 based on the Company's attainment of pre-established performance goals. Expiration date not applicable. Units vested 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 vest in three equal installments on March 9, 2024, 2025 and 2026. Represents dividend equivalent units accrued on restricted stock units and performance-based restricted stock units which become exercisable proportionately, on a one-on-one basis, subject to the same terms and conditions, including vesting and settlement, as the restricted stock units to which they relate. Due to an inadvertent administrative error, the Form 4 filed on December 21, 2023 overstated the number of DEUs beneficially owned by the Reporting Person following the transaction reported therein. Amount reported reflects the correct number following the transactions reported herein, reflecting a decrease of 971 DEUs. /s/ Jean M. Sera, by Power of Attorney for Edward P. Linnen 2024-03-12