AVIS BUDGET GROUP, INC. - Director's Dealing 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2020-03-15

Reporting Person: Martins Izilda P (Interim President, Americas)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-15	Common Stock	M	3495	—	Acquired	6497	Direct
2020-03-15	Common Stock	F	1377	$18.01	Disposed	5120	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-15	Restricted Stock Units	$0.0	M	1317	Disposed		Common Stock (1317.0)	Direct
2020-03-15	Restricted Stock Units	$0.0	M	2178	Disposed		Common Stock (2178.0)	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: Units vest in three equal installments on March 15, 2019, 2020 and 2021.

F4: Expiration date not applicable.

F5: Units vest in three equal installments on March 15, 2020, 2021 and 2022.