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

Feb 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2020-02-09

Reporting Person: Hees Bernardo (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-09	Common Stock	P	430169	$34.87	Acquired	430169	Indirect

Footnotes

F1: Reflects shares of common stock of Avis Budget Group, Inc. (the "Company") purchased pursuant to an investment agreement between the Company and the Bernardo Vieira Hees Revocable Trust (the "BVH Trust"), the BHJH Master Trust LLC (the "BHJH LLC"), and solely for purposes of Articles IV and V of such agreement, Bernardo Hees.

F2: Reflects 286,780 shares held by the BVH Trust and 143,389 shares held by the BHJH LLC. By virtue of his position as trustee of the BVH Trust and chief investment adviser of BHJH LLC, Bernardo Hees may be deemed to be a beneficial owner of the securities listed in Table 1.