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

May 10, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2013-05-09

Reporting Person: Wyshner David B (Sr EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-09	Common Stock	M	22500	$0.79	Acquired	117446	Direct
2013-05-09	Common Stock	M	27500	$0.79	Acquired	144946	Direct
2013-05-09	Common Stock	S	50000	$30.17	Disposed	94946	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-09	Stock options (right to buy)	$0.79	M	22500	Disposed	2019-01-28	Common Stock (22500)	Direct
2013-05-09	Stock options (right to buy)	$0.79	M	27500	Disposed	2019-01-28	Common Stock (27500)	Direct

Footnotes

F1: A portion of the proceeds from the sale were used to pay the exercise price of stock options, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.

F2: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $30.13 to $30.31. Mr. Wyshner 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.