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

Mar 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2020-03-01

Reporting Person: Ferraro Joseph A. (Interim President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-01	Common Stock	M	5813	—	Acquired	97511	Direct
2020-03-01	Common Stock	F	1975	$32.38	Disposed	95536	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-01	Restricted Stock Units	$0.0	M	5813	Acquired		Common Stock (5813.0)	Direct
2020-03-02	Restricted Stock Units	$0.0	A	7501	Acquired		Common Stock (7501.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2476	Indirect

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

F3: Units vest in three equal installments on March 1, 2018, 2019 and 2020.

F4: Expiration date not applicable.

F5: Units vest in two equal installments on September 2, 2020 and September 2, 2021.