Eckroth Joseph F Jr 4
4 · HERTZ GLOBAL HOLDINGS INC · Filed Mar 6, 2013
Insider Transaction Report
Form 4
Eckroth Joseph F Jr
Senior Vice President, CIO
Transactions
- Tax Payment
Common Stock
2013-03-04$19.68/sh−5,006$98,518→ 162,576 total - Exercise/Conversion
Common Stock
2013-03-04+13,437→ 167,582 total - Exercise/Conversion
Performance Stock Units
2013-03-04−5,006→ 0 total→ Common Stock (5,006 underlying)
Footnotes (2)
- [F1]Each Performance Stock Unit represents a contingent right to receive one share of HTZ common stock. The Performance Stock Units vest in three tranches, contingent upon the recipient's continued employment. The first and second tranches each consist of 25% of the grant and the third tranche will consist of 50% of the grant. The first, second and third tranches vested on March 4, 2011, March 4, 2012 and March 4, 2013, respectively.
- [F2]Shares withheld to pay tax liabilities incident to the vesting of Performance Stock Units.