0000723612-24-000024.txt : 20240315
0000723612-24-000024.hdr.sgml : 20240315
20240315171850
ACCESSION NUMBER: 0000723612-24-000024
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240313
FILED AS OF DATE: 20240315
DATE AS OF CHANGE: 20240315
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Simhambhatla Ravi
CENTRAL INDEX KEY: 0001934960
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10308
FILM NUMBER: 24756021
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]
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_1710537518.xml
FORM 4
X0508
4
2024-03-13
0
0000723612
AVIS BUDGET GROUP, INC.
CAR
0001934960
Simhambhatla Ravi
AVIS BUDGET GROUP, INC.
379 INTERPACE PARKWAY
PARSIPPANY
NJ
07054
0
1
0
0
EVP, CDIO - see remarks
0
Restricted Stock Units
0
2024-03-13
4
A
0
3979
0
A
Common Stock
3979
3979
D
Performance Based Restricted Stock Units
0
2024-03-13
4
A
0
3979
0
A
Common Stock
3979
3979
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 13, 2025, 2026 and 2027.
Expiration date not applicable.
Units vest on March 13, 2027 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 and Innovation Officer
/s/ Jean M. Sera, by Power of Attorney for Ravi Simhambhatla
2024-03-15