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

Mar 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIS BUDGET GROUP, INC. (CAR)
CIK: 0000723612
Period of Report: 2021-03-09

Reporting Person: Choi Brian J (EVP & Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-09	Restricted Stock Units	$	A	12044	Acquired		Common Stock (12044.0)	Direct
2021-03-09	Performance Based Restricted Stock Units	$	A	12044	Acquired		Common Stock (12044.0)	Direct

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: Units vest in three equal installments on March 9, 2022, 2023 and 2024.

F3: Expiration date not applicable.

F4: Units vest on March 9, 2024 based on the Company's attainment of pre-established performance goals. The number of units which could vest range from zero to 150% of the target number of units reported above depending on achievement of such performance goals.