FRATES JONATHAN 4
4 · HERC HOLDINGS INC · Filed May 17, 2021
Insider Transaction Report
Form 4
FRATES JONATHAN
Director
Transactions
- Award
Phantom Stock
2021-05-13+1,034→ 7,853 total→ Common Stock (1,034 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 on or after the date of the Issuer's 2022 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.