Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Deaver W Scott
  2. Issuer Name and Ticker or Trading Symbol
AVIS BUDGET GROUP, INC. [CAR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & CMO
(Last)
(First)
(Middle)
6 SYLVAN WAY
3. Date of Earliest Transaction (Month/Day/Year)
01/21/2016
(Street)

PARSIPPANY, NJ 07054
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/21/2016   M   1,907 A $ 0 (1) 64,454 D  
Common Stock 01/21/2016   F(2)   807 D $ 25.27 63,647 D  
Common Stock 01/22/2016   M   2,835 A $ 0 (1) 66,482 D  
Common Stock 01/22/2016   F(3)   1,139 D $ 26.08 65,343 D  
Common Stock 01/22/2016   M   2,036 A $ 0 (1) 67,379 D  
Common Stock 01/22/2016   F(4)   753 D $ 26.08 66,626 D  
Common Stock 01/22/2016   M   3,038 A $ 0 (1) 69,664 D  
Common Stock 01/22/2016   F(5)   1,104 D $ 26.08 68,560 D  
Common Stock 01/23/2016   M   5,503 A $ 0 (1) 74,063 D  
Common Stock 01/23/2016   F(6)   2,035 D $ 26.08 72,028 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 0 (1) 01/21/2016   M     1,907   (7)   (8) Common Stock 1,907 $ 0 3,815 D  
Restricted Stock Units $ 0 (1) 01/22/2016   M     2,835   (9)   (8) Common Stock 2,835 $ 0 2,835 D  
Restricted Stock Units $ 0 (1) 01/22/2016   M     2,036   (10)   (8) Common Stock 2,036 $ 0 0 D  
Performance Based Restricted Stock Units $ 0 (1) 01/22/2016   M     3,038   (11)   (8) Common Stock 3,038 $ 0 0 D  
Restricted Stock Units $ 0 (1) 01/23/2016   M     5,503   (12)   (8) Common Stock 5,503 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Deaver W Scott
6 SYLVAN WAY
PARSIPPANY, NJ 07054
      EVP & CMO  

Signatures

 Jean M. Sera, by Power of Attorney for W. Scott Deaver   01/25/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis.
(2) Represents tax withholdings in connection with the vesting of 1,907 restricted stock units.
(3) Represents tax withholdings in connection with the vesting of 2,835 restricted stock units.
(4) Represents tax withholdings in connection with the vesting of 2,036 restricted stock units.
(5) Represents tax withholdings in connection with the vesting of 3,038 restricted stock units.
(6) Represents tax withholdings in connection with the vesting of 5,503 restricted stock units.
(7) Original grant was awarded in 2015 and vests in three equal installments on January 21, 2016, 2017 and 2018.
(8) Expiration date not applicable.
(9) Original grant was awarded in 2014 and vests in three equal installments on January 22, 2015, 2016 and 2017.
(10) Original grant was awarded in 2014 and one-third of the units vested on the first anniversary of the date of grant and two thirds vested on the second anniversary of the date of grant.
(11) Original grant was awarded in 2014 and vested on January 22, 2016, based on the Company's attainment of pre-established financial performance goals.
(12) Original grant was awarded in 2013 and vested in three equal installments on January 23, 2014, 2015 and 2016.

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