AVIS BUDGET GROUP, INC. — Director's Dealing 2011

Oct 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2011-10-03

Reporting Person: CATHCART W ALUN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-03	Common Stock	A	7500	$8.89	Acquired	7500	Indirect

Footnotes

F1: All shares subject to the award are required to be deferred into the 1999 Non-Employee Directors Deferred Compensation Plan and converted into deferred stock units thereunder. All such deferred stock units vest ratably over three years, subject to continued service as a director, however, upon vesting they will remain deferred until termination of service as a director in accordance with the terms of the plan, at which time they will be distributed in the form of shares of Common Stock. No monetary consideration was paid by the reporting person.