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