AVIS BUDGET GROUP, INC. — Director's Dealing 2013

May 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2013-05-06

Reporting Person: Deaver W Scott (EVP, Strategy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-06	Common Stock	M	75000	$0.79	Acquired	101531	Direct
2013-05-06	Common Stock	S	75000	$29.66	Disposed	26531	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-06	Stock options (right to buy)	$0.79	M	75000	Disposed	2019-01-28	Common Stock (75000)	Direct

Footnotes

F1: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $29.80 to $29.65. Mr. Deaver will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.