4//SEC Filing
Allen Jodi J 4
Accession 0001657853-20-000012
CIK 0001657853other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:42 PM ET
Size
8.7 KB
Accession
0001657853-20-000012
Insider Transaction Report
Form 4
Allen Jodi J
EVP and CMO
Transactions
- Tax Payment
Common Stock
2020-03-02−720→ 16,489 total - Award
Common Stock
2020-03-02+14,365→ 30,854 total - Award
Common Stock
2020-03-04+5,647→ 36,501 total
Footnotes (3)
- [F1]Shares withheld to pay tax liabilities incident to the vesting of earned Performance Stock Units ("PSUs").
- [F2]Includes 14,365 Restricted Stock Units, each of which represents a contingent right to receive one share of HTZ Common Stock, which will vest in equal installments on the first, second and third anniversaries of the grant date, subject to the continued employment of the Reporting Person by the Issuer or any subsidiary thereof through each such vesting date.
- [F3]On March 4, 2019, the Reporting Person received 22,587 PSUs that vest on the third anniversary of the grant date, contingent upon (a) the recipient's continued employment and (b) achievement of financial performance goals (Adjusted Corporate EBITDA) for the 2019 performance period, the combined 2019 and 2020 performance period and the combined 2019, 2020 and 2021 performance period. Following certification of 2019 performance by the Compensation Committee on March 2, 2020, the Reporting Person earned 25% of the target award based on 2019 performance. The Reporting Person is eligible to earn 50% of the target award based on combined 2019 and 2020 performance and up to 150% based on combined 2019, 2020 and 2021 performance.
Documents
Issuer
HERTZ GLOBAL HOLDINGS, INC
CIK 0001657853
Entity typeother
Related Parties
1- filerCIK 0001719229
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:42 PM ET
- Size
- 8.7 KB