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HERC HOLDINGS INC — Director's Dealing 2013
Mar 8, 2013
31205_dirs_2013-03-08_02860e7e-3bb1-463c-a06a-10d111d7df78.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: 2013-03-06
Reporting Person: Eckroth Joseph F Jr (Senior Vice President, CIO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-06 | Common Stock | M | 10537 | — | Acquired | 173113 | Direct |
| 2013-03-06 | Common Stock | F | 3926 | $20.34 | Disposed | 169187 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-06 | Performance Stock Units | $ | M | 10537 | Disposed | Common Stock (10537) | 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 (a) the recipient's continued employment and (b) EBITDA of the issuer during the 2012 and 2013 fiscal years. 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 tranche vested on March 6, 2013, and the second and third tranches will vest on March 6, 2013 and March 6, 2014, respectively.
F2: Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.