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HERC HOLDINGS INC Director's Dealing 2011

Mar 8, 2011

31205_dirs_2011-03-08_bdf3a0e9-6722-4d42-baa0-fa799da9498e.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: 2011-03-04

Reporting Person: Taride Michel (E.V.P. & Pres. of Hertz Europe)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-04 Common Stock M 13979 Acquired 142989 Direct
2011-03-04 Common Stock F 7130 $14.99 Disposed 135859 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-04 Performance Stock Units $ M 13979 Disposed Common Stock (13979) Direct

Footnotes

F1: Represents shares issued to the reporting person in respect of the vesting of the first tranche of Performance Stock Units issued on February 28, 2011.

F2: Shares withheld to pay tax liabilities incident to the vesting of performance stock units.

F3: Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The performance stock units vest in three tranches, contingent upon the recipient's continued employment. The first and second tranches will consist of 25% of the grant and the third tranche will consist of 50% of the grant. The first tranche vested on March 4, 2011, the second tranche will vest on March 4, 2012 and the third tranche will vest on March 4, 2013.