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HERTZ GLOBAL HOLDINGS, INC — Director's Dealing 2021
Nov 16, 2021
31634_dirs_2021-11-16_7617c1ae-7551-4177-9c85-1b6a70499667.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HERTZ GLOBAL HOLDINGS, INC (HTZZ)
CIK: 0001657853
Period of Report: 2021-11-12
Reporting Person: CK Amarillo LP (10% Owner)
Reporting Person: CK Amarillo GP, LLC (10% Owner)
Reporting Person: Certares Opportunities LLC (10% Owner)
Reporting Person: Knighthead Capital Management, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-12 | Common Stock, $0.0001 par value | S | 15217635 | $27.695 | Disposed | 181455469 | Direct |
Footnotes
F1: The reported securities were sold pursuant to an Underwriting Agreement between the Issuer, CK Amarillo LP ("CK Amarillo") and certain other Selling Stockholders and Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, collectively acting as the Underwriters.
F2: The reported securities are directly held by CK Amarillo. CK Amarillo GP, LLC serves as the general partner of CK Amarillo, and Certares Opportunities LLC and Knighthead Capital Management LLC serve as investment managers ("Investment Managers") of CK Amarillo, pursuant to the Investment Management Agreement, effective as of April 15, 2021, by and among each of the foregoing. Investment decisions with respect to the Common Stock held by CK Amarillo are made by an investment committee of the Investment Managers, which committee includes Michael Gregory O'Hara and Thomas Wagner, who are members of the issuer's board of directors, and Ara D. Cohen.
F3: The committee is empowered to vote or dispose of the shares on behalf of CK Amarillo, and as a result, each of Mr. O'Hara, Mr. Wagner and Mr. Cohen may be attributed beneficial ownership of the reported securities. Each of the foregoing and each reporting person disclaims beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein, as applicable.