Filing Details

Accession Number:
0001140361-13-011340
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-07 17:39:50
Reporting Period:
2013-03-05
Filing Date:
2013-03-07
Accepted Time:
2013-03-07 17:39:50
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
1176368 L Ronald Nelson 6 Sylvan Way
Parsippany NJ 07054
Chariman, Ceo And President Yes 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 2013-03-05 78,187 $18.82 78,187 No 4 M Indirect By trust
Common Stock Acquisiton 2013-03-05 26,062 $18.82 104,249 No 4 M Indirect By trust
Common Stock Disposition 2013-03-05 90,130 $24.53 14,119 No 4 S Indirect By trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect By trust
No 4 M Indirect By trust
No 4 S Indirect By trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock options (right to buy) Disposition 2013-03-05 78,187 $0.00 78,187 $18.82
Common Stock Stock options (right to buy) Disposition 2013-03-05 26,062 $0.00 26,062 $18.82
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2004-04-14 2013-04-14 No 4 M Indirect
0 2004-04-14 2013-04-14 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 559,460 Direct
Footnotes
  1. Represents exercise of options, which expire on April 14, 2013.
  2. Securities are held by a family trust. Mr. Nelson's wife is a trustee of the trust.
  3. 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.
  4. Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $24.10 to $25.51. Mr. Nelson 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.
  5. The options vested in four equal annual installments starting on April 14, 2004.