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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/13/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 723612 |
| Issuer Name: AVIS BUDGET GROUP, INC. |
| Issuer Trading Symbol: CAR |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1783001 |
| | Owner Name: DeGenova Cathleen |
| Reporting Owner Address: |
| | Owner Street 1: 379 INTERPACE PARKWAY |
| | Owner Street 2: |
| | Owner City: PARSIPPANY |
| | Owner State: NJ |
| | Owner ZIP Code: 07054 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Accounting Officer |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 3/13/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 818 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 818 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 818 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Performance Based Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 3/13/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 818 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 818 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 818 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. |
| Footnote - F2: Units vest in three equal installments on March 13, 2025, 2026 and 2027. |
| Footnote - F3: Expiration date not applicable. |
| Footnote - F4: 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. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Jean M. Sera, by Power of Attorney for Cathleen DeGenova |
| Signature Date: 3/15/24 |
