AVIS BUDGET GROUP, INC. — Director's Dealing 2021

Nov 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2021-11-15

Reporting Person: Hees Bernardo (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Common Stock	S	39400	$270.13	Disposed	453769	Indirect
2021-11-15	Common Stock	S	4600	$271.65	Disposed	449169	Indirect
2021-11-15	Common Stock	S	2617	$272.40	Disposed	446552	Indirect
2021-11-15	Common Stock	S	700	$274.19	Disposed	445852	Indirect
2021-11-15	Common Stock	S	1883	$275.54	Disposed	443969	Indirect
2021-11-15	Common Stock	S	800	$275.88	Disposed	443169	Indirect
2021-11-16	Common Stock	S	30000	$270	Disposed	413169	Indirect
2021-11-16	Common Stock	S	2200	$273.69	Disposed	410969	Indirect
2021-11-16	Common Stock	S	2078	$274.54	Disposed	408891	Indirect
2021-11-16	Common Stock	S	2000	$275.40	Disposed	406891	Indirect
2021-11-16	Common Stock	S	5444	$276.75	Disposed	401447	Indirect
2021-11-16	Common Stock	S	2713	$277.48	Disposed	398734	Indirect
2021-11-16	Common Stock	S	1200	$278.71	Disposed	397534	Indirect
2021-11-16	Common Stock	S	3701	$280.16	Disposed	393833	Indirect
2021-11-16	Common Stock	S	664	$280.78	Disposed	393169	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1525	Indirect
Common Stock	46362	Direct

Footnotes

F1: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $270 to $270.91. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F2: Amount has been adjusted to correct an inadvertent attribution to direct holdings and the overreporting of 500 shares in previous Form 4 filings.

F3: Reflects shares held by the BHJH Master Trust LLC. By virtue of his position as chief investment adviser of BHJH Master Trust LLC, Bernardo Hees may be deemed to be a beneficial owner of the securities listed.

F4: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $271.16 to $272.13. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F5: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $272.18 to $272.97. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F6: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $273.67 to $274.63. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F7: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $274.81 to $275.79. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F8: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $275.82 to $275.98. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F9: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $270 to $270.49. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F10: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $272.98 to $273.97. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F11: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $274.02 to $275. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F12: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $275.11 to $275.99. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F13: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $276.13 to $277.10. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F14: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $277.16 to $277.93. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F15: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $278.22 to $279.20. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F16: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $279.47 to $280.42. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.

F17: Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $280.55 to $281.11. The reporting person will provide, upon request by the Staff, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price.