AVIS BUDGET GROUP, INC. — Director's Dealing 2016

Feb 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2016-01-28

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-28	Performance Based Restricted Stock Units	$0.0	A	3999	Acquired		Common Stock (3999.0)	Direct
2016-01-28	Restricted Stock Units	$0.0	A	6221	Acquired		Common Stock (6221.0)	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: Units vest on January 28, 2019 based on the Company's attainment of pre-established financial performance goals.

F3: Expiration date not applicable.

F4: Grant vests in three equal installments on January 28, 2017, 2018 and 2019.