person · Reporting owner
SRS Investment Management, LLC
Disclosed activity across 1 company
Sign in to followReported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| AVIS BUDGET GROUP, INC.CAR · Entity 3919 | Director · 10% owner | August 25, 2023 | August 25, 2023 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
AVIS BUDGET GROUP, INC.
Report date August 25, 2023 · Filed August 25, 2023
Jointly reported with Sarma Karthik R.
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | IndirectSee Footnote | 17,430,882 |
Reported balance
After 2023-08-25 transaction · row 1
Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source rowRow 1 · 2023-08-25 · Disposition to issuer · Disposed 1,000,000 · Balance 17,430,882 F1: On August 25, 2023, the Reporting Persons sold to the Issuer an aggregate of 1,000,000 shares of Common Stock in a broker to broker transaction at market price at the time of the trade (which was $222.91 (rounding to the nearest cent)) (the "2023 Repurchase"). The 2023 Repurchase was approved by the Compensation Committee and was exempt pursuant to Rule 16b-3 under the Exchange Act. F2: SRS Investment Management, LLC, a Delaware limited liability company ("SRS"), serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. Mr. Sarma is a director of the Issuer. SRS may be deemed a director by deputization by virtue of its relationship with Mr. Sarma. F3: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. |
Filing footnotes · ownership attribution and instrument terms
F1: On August 25, 2023, the Reporting Persons sold to the Issuer an aggregate of 1,000,000 shares of Common Stock in a broker to broker transaction at market price at the time of the trade (which was $222.91 (rounding to the nearest cent)) (the "2023 Repurchase"). The 2023 Repurchase was approved by the Compensation Committee and was exempt pursuant to Rule 16b-3 under the Exchange Act.
F2: SRS Investment Management, LLC, a Delaware limited liability company ("SRS"), serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. Mr. Sarma is a director of the Issuer. SRS may be deemed a director by deputization by virtue of its relationship with Mr. Sarma.
F3: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| May 26, 2020 Filed May 29, 2020 00:58 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | PurchaseCommon Stock | 34,645 | $18.57 | $643,336.86 |
DisclosureSEC source: 0000950142-20-001448 · es2000781_4-avis.xml · nonDerivative · entry 1 SRS Investment Management, LLC · CIK 0001503174 · Director · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnotes Disclosed balance after: 16,223,945 F1 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. Mr. Sarma is a director of the Issuer. SRS may be deemed a director by deputization by virtue of its relationship with Mr. Sarma. F2 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 07, 2020 Filed Apr 8, 2020 20:56 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $14.44 | Not disclosed |
DisclosureSEC source: 0000950142-20-001068 · es2000606_4-avis.xml · derivative · entry 5 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 404,168 Underlying: Common Stock · 404,168 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 07, 2020 Filed Apr 8, 2020 20:56 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $14.43 | Not disclosed |
DisclosureSEC source: 0000950142-20-001068 · es2000606_4-avis.xml · derivative · entry 4 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 404,168 Underlying: Common Stock · 404,168 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 07, 2020 Filed Apr 8, 2020 20:56 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $13.96 | Not disclosed |
DisclosureSEC source: 0000950142-20-001068 · es2000606_4-avis.xml · derivative · entry 3 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 47,890 Underlying: Common Stock · 47,890 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 06, 2020 Filed Apr 8, 2020 20:56 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $11.68 | Not disclosed |
DisclosureSEC source: 0000950142-20-001068 · es2000606_4-avis.xml · derivative · entry 2 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 348,600 Underlying: Common Stock · 348,600 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 06, 2020 Filed Apr 8, 2020 20:56 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $11.65 | Not disclosed |
DisclosureSEC source: 0000950142-20-001068 · es2000606_4-avis.xml · derivative · entry 1 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 363,402 Underlying: Common Stock · 363,402 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 03, 2020 Filed Apr 7, 2020 00:44 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $10.43 | Not disclosed |
DisclosureSEC source: 0000950142-20-001035 · es2000597_4-avis.xml · derivative · entry 4 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 342,687 Underlying: Common Stock · 342,687 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 03, 2020 Filed Apr 7, 2020 00:44 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $10.42 | Not disclosed |
DisclosureSEC source: 0000950142-20-001035 · es2000597_4-avis.xml · derivative · entry 3 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 362,000 Underlying: Common Stock · 362,000 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 02, 2020 Filed Apr 7, 2020 00:44 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $11.31 | Not disclosed |
DisclosureSEC source: 0000950142-20-001035 · es2000597_4-avis.xml · derivative · entry 2 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 133,100 Underlying: Common Stock · 133,100 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| April 02, 2020 Filed Apr 7, 2020 00:44 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $11.29 | Not disclosed |
DisclosureSEC source: 0000950142-20-001035 · es2000597_4-avis.xml · derivative · entry 1 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 137,793 Underlying: Common Stock · 137,793 shares Expires 2023-04-10 F1 · kind: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · shares: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · price: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · derivative.exercise_date: These cash-settled equity swaps can be settled at any time before the expiration date. F1 · balance_after: These cash-settled equity swaps can be settled at any time before the expiration date. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $26.41 | Not disclosed |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · derivative · entry 16 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 400,000 shares Expires 2019-02-25 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $26.40 | Not disclosed |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · derivative · entry 15 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 1,588,800 shares Expires 2019-12-18 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $30.00 | Not disclosed |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · derivative · entry 14 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 1,122,700 shares Expires 2020-01-21 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $25.00 | Not disclosed |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · derivative · entry 13 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 1,070,300 shares Expires 2020-01-21 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $40.00 | Not disclosed |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · derivative · entry 12 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 3,500 shares Expires 2021-01-19 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | PurchaseCommon Stock | 4,189,300 | $35.33 | $148,007,969.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 11 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 16,189,300 F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 400,000 | $35.33 | $14,132,000.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 10 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,000,000 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 400,000 | $26.41 | $10,564,000.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 9 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,400,000 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,588,800 | $35.33 | $56,132,304.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 8 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,000,000 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,588,800 | $26.40 | $41,944,320.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 7 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 13,588,800 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,122,700 | $35.33 | $39,664,991.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 6 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,000,000 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,122,700 | $30.00 | $33,681,000.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 5 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 13,122,700 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,070,300 | $35.33 | $37,813,699.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 4 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,000,000 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,070,300 | $25.00 | $26,757,500.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 3 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 13,070,300 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 3,500 | $35.33 | $123,655.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 2 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,000,000 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| February 22, 2019 Filed Feb 26, 2019 19:00 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock, par value $0.01 (Common Stock) | 3,500 | $40.00 | $140,000.00 |
DisclosureSEC source: 0000902664-19-001295 · ownership.xml · nonDerivative · entry 1 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,003,500 F1 · kind: Equity swaps settled on February 22, 2019 pursuant to their terms based on the closing price of the Common Stock on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| January 11, 2019 Filed Jan 15, 2019 21:02 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $27.57 | Not disclosed |
DisclosureSEC source: 0000902664-19-000200 · p18-0227form4.xml · derivative · entry 1 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 1 Underlying: Common Stock · 45,460 shares Expires not disclosed F1 · kind: This Form 4 reflects the current terms of this previously-reported cash-settled equity swap. The swap can be settled at any time and shall continue until terminated by the parties pursuant to the terms of the swap. The swap currently has an initial reference termination date of January 19, 2021. F1 · shares: This Form 4 reflects the current terms of this previously-reported cash-settled equity swap. The swap can be settled at any time and shall continue until terminated by the parties pursuant to the terms of the swap. The swap currently has an initial reference termination date of January 19, 2021. F1 · price: This Form 4 reflects the current terms of this previously-reported cash-settled equity swap. The swap can be settled at any time and shall continue until terminated by the parties pursuant to the terms of the swap. The swap currently has an initial reference termination date of January 19, 2021. F1 · derivative.exercise_date: This Form 4 reflects the current terms of this previously-reported cash-settled equity swap. The swap can be settled at any time and shall continue until terminated by the parties pursuant to the terms of the swap. The swap currently has an initial reference termination date of January 19, 2021. F1 · derivative.expiration_date: This Form 4 reflects the current terms of this previously-reported cash-settled equity swap. The swap can be settled at any time and shall continue until terminated by the parties pursuant to the terms of the swap. The swap currently has an initial reference termination date of January 19, 2021. F1 · balance_after: This Form 4 reflects the current terms of this previously-reported cash-settled equity swap. The swap can be settled at any time and shall continue until terminated by the parties pursuant to the terms of the swap. The swap currently has an initial reference termination date of January 19, 2021. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| January 19, 2018 Filed Jan 23, 2018 19:14 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $40.00 | Not disclosed |
DisclosureSEC source: 0000902664-18-000362 · p18-0227form4.xml · derivative · entry 2 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 1 Underlying: Common Stock · 4,000 shares Expires 2018-01-19 F2 · security: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · security: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. F1 · kind: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F1 · shares: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F1 · price: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F1 · balance_after: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| January 19, 2018 Filed Jan 23, 2018 19:14 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherOption (Right to buy) · Derivative | 1 | Not disclosed Strike: $40.00 | Not disclosed |
DisclosureSEC source: 0000902664-18-000362 · p18-0227form4.xml · derivative · entry 1 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 4,000 shares Expires 2018-01-19 F1 · kind: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F1 · shares: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F1 · price: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F1 · derivative.exercise_date: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F1 · balance_after: On January 19, 2018, the previously reported option for cash-settled equity swaps was automatically exercised on its expiration date pursuant to its terms. As previously reported by the Reporting Persons, the option was settleable for a cash-settled equity swap referencing the number of shares of Common Stock equal to the total number of shares of Common Stock underlying the option. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $26.41 | Not disclosed |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · derivative · entry 13 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 1 Underlying: Common Stock · 288,439 shares Expires 2019-02-25 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $26.30 | Not disclosed |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · derivative · entry 12 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 1 Underlying: Common Stock · 213,321 shares Expires 2019-02-25 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $40.03 | Not disclosed |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · derivative · entry 11 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 1,621,445 shares Expires 2019-01-11 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherEquity Swap (obligation to buy) · Derivative | 1 | Not disclosed Strike: $39.99 | Not disclosed |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · derivative · entry 10 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Common Stock · 1,376,795 shares Expires 2019-01-11 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · shares: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · price: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · derivative.exercise_date: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F1 · balance_after: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | PurchaseCommon Stock | 3,500,000 | $40.56 | $141,960,000.00 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 9 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 12,000,000 F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 288,439 | $40.56 | $11,699,085.84 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 8 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 8,500,000 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 288,439 | $26.41 | $7,617,673.99 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 7 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 8,788,439 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 213,321 | $40.56 | $8,652,299.76 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 6 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 8,500,000 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 213,321 | $26.30 | $5,610,342.30 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 5 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 8,713,321 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,621,445 | $40.56 | $65,765,809.20 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 4 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 8,500,000 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,621,445 | $40.03 | $64,906,443.35 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 3 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 10,121,445 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock | 1,376,795 | $40.56 | $55,842,805.20 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 2 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 8,500,000 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
| December 08, 2017 Filed Dec 13, 2017 01:17 UTC | AVIS BUDGET GROUP, INC. CAR · Entity 3919 | OtherCommon Stock, par value $0.01 ("Common Stock") | 1,376,795 | $39.99 | $55,058,032.05 |
DisclosureSEC source: 0000902664-17-004552 · p17-2333form4.xml · nonDerivative · entry 1 SRS Investment Management, LLC · CIK 0001503174 · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · See footnotes Disclosed balance after: 9,876,795 F1 · kind: Equity swaps settled on December 8, 2017 pursuant to their terms based on the closing price of the Common Stuck on such date. The swaps were exercisable at any time. F2 · ownership.nature: SRS Investment Management, LLC, a Delaware limited liability company, ("SRS") serves as investment manager to certain investment funds (the "Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. SRS Investment Management, LP ("SRS IM"), a Delaware limited partnership, is the managing member of the Investment Manager. SRS Investment Management GP, LLC, a Delaware limited liability company ("SRS IM GP"), is the general partner of SRS IM. Karthik R. Sarma, an Indian citizen ("Mr. Sarma," and together with SRS, the "Reporting Persons") is the managing member and principal of SRS IM GP. In such capacities, Mr. Sarma and the Investment Manager may be deemed to have voting and dispositive power with respect to the shares of Common Stock held for the Funds. F3 · ownership.nature: The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.