HERC HOLDINGS INC — Director's Dealing 2020

Feb 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERC HOLDINGS INC (HRI)
CIK: 0001364479
Period of Report: 2020-02-25

Reporting Person: Silber Lawrence Harris (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-25	Common Stock	A	18746	—	Acquired	114442	Direct
2020-02-26	Common Stock	F	1416	$37.00	Disposed	113026	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-25	Employee Stock Option (right To Purchase)	$19.68	D	79758	Disposed	2020-06-01	Common Stock (79758)	Direct
2020-02-25	Employee Stock Option (Right to Buy)	$58.76	A	26714	Acquired	2025-06-01	Common Stock (26714)	Direct

Footnotes

F1: Award of restricted stock units ("RSUs"), each of which represents the right to receive one share of the Issuer's common stock on the applicable vesting date (one-third of the RSUs will vest on February 25 of each of 2021, 2022 and 2023), subject to the terms and conditions of the applicable RSU agreement.

F2: Shares withheld for taxes upon vesting of previously granted restricted stock units.

F3: The stock options were originally granted by Hertz Global Holdings, Inc. on June 1, 2015. The Company amended the stock option to extend the expiration date to June 1, 2025 in order to provide the holder with the benefit of a standard ten year option term. The exercise price and all other terms of the stock options remain the same. This amendment is deemed a replacement solely for purposes of SEC rules.

F4: The conversion or exercise price of the Employee Stock Option reflects a 1-for-15 reverse stock split effective June 30, 2016.

F5: The number of shares reported reflect a 1-for-15 reverse stock split effective June 30, 2016.