FRATES JONATHAN 4
4 · HERC HOLDINGS INC · Filed Aug 19, 2019
Insider Transaction Report
Form 4
FRATES JONATHAN
Director
Transactions
- Award
Phantom Stock
2019-08-15+2,000→ 2,000 total→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock.
- [F2]The value of the phantom stock credited to the Reporting Person's account shall be distributed in shares of common stock following the date the Reporting Person ceases to be a member of the Issuer's Board of Directors, provided that the event occurs after the business day immediately preceding the date of the Issuer's 2020 annual meeting of stockholders (or, if earlier following a change of control).