-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OILs+4TRUMhAC+xW6ZZkfgWwIqsLBcmhvlVOd9OWuByM2AB00PqYUAFcszMtZUSI WTAE1YslEteI4ijco6nPdg== 0001140361-10-003159.txt : 20100129 0001140361-10-003159.hdr.sgml : 20100129 20100129163843 ACCESSION NUMBER: 0001140361-10-003159 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100127 FILED AS OF DATE: 20100129 DATE AS OF CHANGE: 20100129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Deaver W Scott CENTRAL INDEX KEY: 0001371895 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10308 FILM NUMBER: 10560507 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] IRS NUMBER: 060918165 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6 SYLVAN WAY CITY: PARSIPPANY STATE: X1 ZIP: 07054 BUSINESS PHONE: 973-496-2579 MAIL ADDRESS: STREET 1: 6 SYLVAN WAY CITY: PARSIPPANY STATE: X1 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 doc1.xml FORM 4 X0303 4 2010-01-27 0 0000723612 AVIS BUDGET GROUP, INC. CAR 0001371895 Deaver W Scott 6 SYLVAN WAY PARSIPPANY NJ 07054 0 1 0 0 EVP, Strategy Restricted Stock Units 0 2010-01-27 4 A 0 30356 0 A Common Stock 30356 30356 D Performance Based Restricted Stock Units 0 2010-01-27 4 A 0 13010 0 A Common Stock 13010 13010 D Stock options (right to buy) 0.79 2010-01-28 4 A 0 112500 0 A 2010-01-28 2019-01-28 Common Stock 112500 112500 D Units convert to Common Stock on a one-to-one basis upon vesting. Grant vests in three equal installments on January 27, 2011, 2012 and 2013. Between 50% and 100% of the units will vest on the third anniversary of the date of grant if the per-share closing price of the Company's common stock equals or exceeds a minimum threshold price of $14.12 and a maximum target price of $15.77 over any consecutive 30 trading days between the grant date and the third anniversary of the date of grant. The actual number of units that vest, based on closing prices that are between the threshold and target prices shall be determined on a pro rata basis using straight line interpolation. Expiration date not applicable. Award consists of options which vested upon the Company's achievement of certain financial performance goals. Jean M. Sera, by Power of Attorney for W. Scott Deaver 2010-01-29 -----END PRIVACY-ENHANCED MESSAGE-----