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AVIS BUDGET GROUP, INC. Director's Dealing 2011

Apr 29, 2011

30956_dirs_2011-04-29_143578c5-ae0c-4d19-9b13-e4447f29681f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2011-04-28

Reporting Person: Gartland Thomas M (EVP, Sales & Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-28 Common Stock M 6549 Acquired 22442 Direct
2011-04-28 Common Stock F 2815 $19.01 Disposed 19627 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-28 Restricted Stock Units $0 M 6549 Acquired Common Stock (6549) Direct

Footnotes

F1: Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis.

F2: Represents tax withholdings in connection with the vesting of 6,549 shares of restricted stock units.

F3: Original grant vests in four equal installments on April 28, 2009, 2010, 2011 and 2012.

F4: Expiration date not applicable.