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

Jan 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2013-01-23

Reporting Person: Gartland Thomas M (President, North America)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-23	Restricted Stock Units	$0	A	28302	Acquired		Common Stock (28302)	Direct
2013-01-23	Performance Based Restricted Stock Units	$0	A	42453	Acquired		Common Stock (42453)	Direct

Footnotes

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

F2: Grant vests in three equal installments on January 23, 2014, 2015 and 2016.

F3: Units vest on January 23, 2016 based on the Company's attainment of pre-established financial performance goals.

F4: Expiration date not applicable.