Taride Michel 4
4 · HERTZ GLOBAL HOLDINGS, INC · Filed Mar 6, 2018
Insider Transaction Report
Form 4
Taride Michel
Group Pres., RAC International
Transactions
- Exercise/Conversion
Common Stock
2018-03-02+4,806→ 48,373 total - Tax Payment
Common Stock
2018-03-02$18.69/sh−2,259$42,221→ 46,114 total - Exercise/Conversion
Common Stock
2018-03-02+14,101→ 60,215 total - Tax Payment
Common Stock
2018-03-02$18.69/sh−6,628$123,877→ 53,587 total - Exercise/Conversion
Restricted Stock
2018-03-02−4,806→ 9,615 total→ Common Stock (4,806 underlying) - Award
Employee Stock Option
2018-03-03+31,385→ 31,385 totalExercise: $17.73Exp: 2025-03-02→ Common Stock (31,385 underlying) - Other
Performance Stock Unit
2018-03-02+14,101→ 0 total→ Common Stock (14,101 underlying)
Footnotes (3)
- [F1]These shares of restricted stock were granted in 2017 and we earned based on achieving revenue goals for 2017. The first tranche vested on March 2, 2018 after the certification of performance for the restricted stock. The remaining tranches will vest on the second and third anniversaries of the date of grant, subject to continued employment.
- [F2]These stock options were granted on March 2, 2018 and will vest 25% on each anniversary of the date of grant, subject to the reporting person's continued employment.
- [F3]These performance stock units were granted and vested on March 2, 2018 in connection with the Company's payments under its 2017 annual bonus plan. The performance stock units were granted in lieu of providing a cash bonus to the reporting person earned for 2017 performance.