4//SEC Filing
Plescia Gerald A 4
Accession 0001140361-09-026489
CIK 0001364479other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 10:14 AM ET
Size
10.1 KB
Accession
0001140361-09-026489
Insider Transaction Report
Form 4
Plescia Gerald A
Exec. V.P. & Pres. of HERC
Transactions
- Exercise/Conversion
Common Stock
2009-11-13+10,000→ 64,259 total - Exercise/Conversion
Performance Stock Units
2009-11-13−10,000→ 10,000 total→ Common Stock (10,000 underlying) - Tax Payment
Common Stock
2009-11-13$9.79/sh−3,845$37,643→ 60,414 total
Footnotes (4)
- [F1]Represents shares issued to the reporting person in respect of the vesting of the first tranche of Performance Stock Units issued on November 13, 2008.
- [F2]Shares withheld to pay tax liabilities incident to the vesting of performance stock units.
- [F3]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The performance stock units vest in two equal tranches. The first tranche vested on November 13, 2009, which was the first anniversary of the date of grant. Vesting was contingent upon (a) the Recipient's continued employment and (b) satisfaction of the consolidated leverage ratio covenants in the credit agreements governing The Hertz Corporation's senior credit facilities during the period commencing on the date of grant and ending on the first anniversary thereof. The second tranche will vest on the second anniversary of the date of grant contingent only upon the Recipient's continued employment.
- [F4]Includes 4,259 shares acquired through Employee Stock Purchase Plan.
Documents
Issuer
HERTZ GLOBAL HOLDINGS INC
CIK 0001364479
Entity typeother
Related Parties
1- filerCIK 0001380684
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 10:14 AM ET
- Size
- 10.1 KB