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HERC HOLDINGS INC Director's Dealing 2011

Mar 1, 2011

31205_dirs_2011-03-01_78799843-54ea-4f84-8151-8c82d4dd95e2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERTZ GLOBAL HOLDINGS INC (HTZ)
CIK: 0001364479
Period of Report: 2011-02-26

Reporting Person: Sider Scott P (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-26 Common Stock F 7270 $15.14 Disposed 80804 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-28 Performance Stock Units $ A 54291 Acquired Common Stock (54291) Direct
2011-03-01 Employee Stock Options (right to purchase) $14.60 A 110759 Acquired 2021-03-01 Common Stock (110759) Direct

Footnotes

F1: Shares withheld to pay tax liabilities incident to the vesting of restricted stock units.

F2: Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The performance units vest in three tranches, contingent upon the Recipient's continued employment. The first and second tranches will each consist of 25% of the grant and the third tranche will consist of 50% of the grant. The first tranche will vest on March 4, 2011, the second tranche will vest on March 4, 2012 and the third tranche will vest on March 4, 2013.

F3: The options will vest in four equal installments on the first through fourth anniversaries of the grant date. The first installment will become exercisable on March 1, 2012.