FRATES JONATHAN 4
4 · HERC HOLDINGS INC · Filed May 18, 2020
Insider Transaction Report
Form 4
FRATES JONATHAN
Director
Transactions
- Award
Phantom Stock
2020-05-14+4,819→ 6,819 total→ Common Stock (4,819 underlying)
Footnotes (3)
- [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 2021 annual meeting of stockholders (or, if earlier following a change of control).
- [F3]The phantom stock reported in this column includes previously reported phantom stock with different conditions for distribution.