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

Nov 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2013-11-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-15	Common Stock	M	25000	$0.79	Acquired	105649	Direct
2013-11-15	Common Stock	S	25000	$34.80	Disposed	80649	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-15	Stock options (right to buy)	$0.79	M	25000	Disposed	2019-01-28	Common Stock (25000.0)	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. The sale of shares was made pursuant to a pre-established 10b5-1 plan.