HERTZ GLOBAL HOLDINGS INC 4
4 · HERTZ GLOBAL HOLDINGS INC · Filed Mar 2, 2016
Insider Transaction Report
Form 4
Taride Michel
E.V.P. & Pres. of Hertz Europe
Transactions
- Exercise/Conversion
Common Stock
2016-02-29+6,349→ 216,109 total - Tax Payment
Common Stock
2016-02-29$8.27/sh−4,178$34,552→ 217,835 total - Exercise/Conversion
Performance Stock Units
2016-02-29−8,889→ 0 total→ Common Stock (8,889 underlying) - Tax Payment
Common Stock
2016-02-29$8.27/sh−2,985$24,686→ 213,124 total - Exercise/Conversion
Common Stock
2016-02-29+8,889→ 222,013 total - Exercise/Conversion
Performance Stock Units
2016-02-29−6,349→ 0 total→ Common Stock (6,349 underlying)
Footnotes (3)
- [F1]Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.
- [F2]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units were initially granted in 2013, and the amount of Performance Stock Units eligible for vesting is subject to achievement of financial performance goals during 2013. The Performance Stock Units vest in three tranches, with 33 1/3% of the award earned vesting on the first, second and third anniversaries of the grant date, in each case if the executive is still an employee on the applicable vesting date.
- [F3]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units were initially granted in 2013, and the amount of Performance Stock Units eligible for vesting is subject to achievement of financial performance goals for 2013 and 2014. The Performance Stock Units vest in three tranches, with 33 1/3% of the award earned vesting on the first, second and third anniversaries of the grant date, in each case if the executive is still an employee on the applicable vesting date.