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HERC HOLDINGS INC — Director's Dealing 2014
Jan 9, 2014
31205_dirs_2014-01-09_8b3df749-1553-4d8a-96d3-5d437f068659.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: 2014-01-08
Reporting Person: Taride Michel (Group President RAC Internatio)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-08 | Common Stock | M | 100000 | $4.56 | Acquired | 221067 | Direct |
| 2014-01-08 | Common Stock | S | 100000 | $27.7114 | Disposed | 121067 | Direct |
| 2014-01-08 | Common Stock | M | 100000 | $4.56 | Acquired | 221067 | Direct |
| 2014-01-08 | Common Stock | S | 100000 | $27.7114 | Disposed | 121067 | Direct |
| 2014-01-08 | Common Stock | M | 200000 | $9.56 | Acquired | 321067 | Direct |
| 2014-01-08 | Common Stock | S | 200000 | $27.7114 | Disposed | 121067 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-08 | Employee Stock Option (Right to Buy) | $4.56 | M | 100000 | Disposed | 2016-05-05 | Common Stock (100000) | Direct |
| 2014-01-08 | Employee Stock Option (Right to Buy) | $4.56 | M | 100000 | Disposed | 2016-05-18 | Common Stock (100000) | Direct |
| 2014-01-08 | Employee Stock Option (Right to Buy) | $9.56 | M | 200000 | Disposed | 2016-05-18 | Common Stock (200000) | Direct |
Footnotes
F1: Transaction pursuant to trading plan meeting the requirements of SEC Rule 10b5-1.
F2: This transaction was executed in multiple trades at prices ranging from $27.57 to $27.93. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: Options to purchase 100,000 shares were issued to the Reporting Person on May 5, 2006. The options vested in five equal annual installments on the first through fifth anniversaries of the grant date.
F4: Options to purchase 300,000 shares were issued to the Reporting Person on May 18, 2006. The options vested in five equal annual installments on the first through fifth anniversaries of the grant date.
F5: Options to purchase 200,000 shares were issued to the Reporting Person on May 18, 2006. The options vested in five equal annual installments on the first through fifth anniversaries of the grant date.