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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
723612	Avis Budget Group Inc.	CAR	Services-Auto Rental & Leasing (No Drivers) (7510)	060918165

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1176368	L Ronald Nelson	6 Sylvan Way Parsippany NJ 07054	Executive Chairman	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-12-04	212,500	$0.79	473,214	No	4	M	Direct
Common Stock	Acquisiton	2017-12-04	212,500	$0.79	685,714	No	4	M	Direct
Common Stock	Disposition	2017-12-04	275,000	$40.22	410,714	No	4	S	Direct
Common Stock	Disposition	2017-12-04	15,472	$40.97	0	No	4	S	Indirect	By trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Indirect	By trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock options (right to buy)	Disposition	2017-12-04	212,500	$0.00	212,500	$0.79
Common Stock	Performance-Vesting Stock Options (right to buy)	Disposition	2017-12-04	212,500	$0.00	212,500	$0.79

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-01-28	2019-01-28	No	4	M	Direct
0	2011-01-28	2019-01-28	No	4	M	Direct

Footnotes

A portion of the proceeds from the sale were used to pay the exercise price of stock options, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.
Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $39.81 to 40.63. Mr. Nelson 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.
Price reflects the weighted average sale price for the sale transactions made on the date reported above. Sale prices ranged from $40.44 to $41.41. Mr. Nelson 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.
Securities are held by a family trust. Mr. Nelson's wife is a trustee of the trust. Mr. Nelson disclaims beneficial ownership of the securities held by the trust, and the filing of this report is not an admission that Mr. Nelson is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.