AVIS BUDGET GROUP, INC. - Director's Dealing 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2018-01-28

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-28	Common Stock	M	2074	—	Acquired	6969	Direct
2018-01-28	Common Stock	F	726	$46.45	Disposed	6243	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-28	Restricted Stock Units	$0.0	M	2074	Disposed		Common Stock (2074.0)	Direct

F1: Represents restricted stock units which automatically convert to common stock upon the vesting of such units on a one-to-one basis.

F2: Represents tax withholdings in connection with the vesting of restricted stock units.

F3: Original grant was awarded in 2016 and vests in three equal installments on January 28, 2017, 2018 and 2019.

F4: Expiration date not applicable.