Filing Details

Accession Number:
0001140361-13-013920
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-25 17:52:49
Reporting Period:
2013-03-22
Filing Date:
2013-03-25
Accepted Time:
2013-03-25 17:52:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
723612 Avis Budget Group Inc. CAR Services-Auto Rental & Leasing (No Drivers) (7510) 060918165
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1432800 M Thomas Gartland 6 Sylvan Way
Parsippany NJ 07054
President, North America No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-03-22 50,000 $0.79 130,649 No 4 M Direct
Common Stock Disposition 2013-03-22 50,000 $26.93 80,649 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock options (right to buy) Disposition 2013-03-22 50,000 $0.00 50,000 $0.79
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,000 2011-01-28 2019-01-28 No 4 M Direct
Footnotes
  1. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $26.86 to $27.00. Mr. Gartland will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.
  2. Sale of shares made pursuant to a pre-established 10b5-1 plan. A portion of the proceeds from the sale were used to pay the exercise price of stock options, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.