AVIS BUDGET GROUP, INC. — Director's Dealing 2019

Aug 9, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2019-08-07

Reporting Person: Rankin Patrick K (President, International)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-07	Restricted Stock Units	$0.0	A	24031	Acquired		Common Stock (24031.0)	Direct
2019-08-07	Performance Based Restricted Stock Units	$0.0	A	24031	Acquired		Common Stock (24031.0)	Direct
2019-08-07	Restricted Stock Units	$0.0	A	16021	Acquired		Common Stock (16021.0)	Direct

Footnotes

F1: Units vest in three equal installments on August 7, 2020, 2021 and 2022.

F2: Expiration date not applicable.

F3: Units vest on August 7, 2022 based on the Company's attainment of pre-established financial performance goals. The number of units which could vest range from zero to 200% of the target number of units reported above depending on achievement of such performance goals.