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

May 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2014-05-09

Reporting Person: Siniscalchi Patric (Pres, Latin Amer, Asia&Pacific)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-09	Common Stock	M	1700	$33.26	Acquired	76881	Direct
2014-05-09	Common Stock	S	1700	$51.97	Disposed	75181	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-09	Stock Option (right to buy)	$33.26	M	1700	Disposed	2014-06-03	Common Stock (1700.0)	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.