Avis Budget Group's Chief Accounting Officer was just granted 5,927 restricted shares

Cathleen Degenova, Avis Budget Group's Chief Accounting Officer, just received 5,927 restricted shares from the company. The restricted shares don't become available to Degenova until such time as they become vested. Degenova now owns at least 5,927 restricted shares of the company.

Some additional info was provided as follows:

Represents restricted stock units which automatically convert to Common Stock upon the vesting of such units on a one-to-one basis. Units vest on March 9, 2023 based on the Company's attainment of pre-established financial performance goals. The number of units which could vest range from zero to 200% of the target number of units reported above depending on achievement of such performance goals. Expiration date not applicable. Units vest in three equal installments on March 9, 2021, 2022 and 2023.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

PZENA INVESTMENT MANAGEMENT, LLC just provided an update on share ownership of Avis Budget Group - July 6, 2020
Avis Budget Group's Executive Chairman was just granted 146,718 restricted shares - July 1, 2020
Annual report of employee stock purchase, savings and similar plans - June 26, 2020
Annual report of employee stock purchase, savings and similar plans - June 26, 2020
Avis Budget Group Appoints Joe Ferraro Chief Executive Officer Bernardo Hees Named Executive Chairman - June 15, 2020

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