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HERC HOLDINGS INC — Director's Dealing 2013
Mar 6, 2013
31205_dirs_2013-03-06_e038315a-6cfe-4633-9e6f-5872071b37a6.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: 2013-03-04
Reporting Person: Sider Scott P (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-04 | Common Stock | M | 27146 | — | Acquired | 124764 | Direct |
| 2013-03-04 | Common Stock | F | 14076 | $19.68 | Disposed | 110688 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-04 | Performance Stock Units | $ | M | 27146 | Disposed | Common Stock (27146) | Direct |
Footnotes
F1: 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 each consist of 25% of the grant and the third tranche will consist of 50% of the grant. The first, second and third tranches vested on March 4, 2011, March 4, 2012 and March 4, 2013, respectively.
F2: Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.