AVIS BUDGET GROUP, INC. — Director's Dealing 2014

May 13, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2014-05-12

Reporting Person: Calabria David T (VP & Chief Accounting Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	611	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0.0		Common Stock (1100.0)		Direct
Restricted Stock Units	$0.0		Common Stock (1651.0)		Direct
Restricted Stock Units	$0.0		Common Stock (2126.0)		Direct
2014 Performance Based Restricted Stock Units	$0.0		Common Stock (911.0)		Direct
Restricted Stock Units	$0.0		Common Stock (471.0)		Direct
2014 Performance Based Restricted Stock Units	$0.0		Common Stock (202.0)		Direct

Footnotes

F1: Expiration date not applicable.

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

F3: Grant vests in three equal installments on January 22, 2015, 2016 and 2017.

F4: Units vest on January 22, 2017 based on the Company's attainment of pre-established financial performance goals.

F5: Grant vests in three equal installments on April 16, 2015, 2016 and 2017.

F6: Units vest on April 16, 2017 based on the Company's attainment of pre-established financial performance goals.